The development of the frequency converter using semiconductor enables to easily control the speed of alternating current machineries. In such case, it is desired to observe how several characteristics are changed, such as primary current, power factor, torque, secondary output, efficiency and transient performance. In this paper, the above characteristics are investigated by means of computational method from various constants relating to the motor which is designed in rated frequency 60 cycles. Transient fluctuations in motor speed are also observed with graphical method. These have been validated by the experimental results. When the frequency is to be varied in order to control the speed, it is seen that some of characteristics are getting better and others worse contrarily. The above characteristics may be applied to the optimum electrical, mechanical design of the motor which puts emphases on speed control.