Three different white cast irons alloyed with Cr, V, Mo and W were prepared in order to study their transformation behavior of matrix structures in heat-treated conditions. The specimens were produced using a 15kg-capacity high frequency induction furnace. Melts were super-heated to $1600^{circ}C$, and poured at $1550^{circ}C$ into Y-block pepset molds. Three combinations of the alloying elements were selected so as to obtain the different types of carbides and matrix structures : 3%C-10%Cr-5%Mo-5%W(alloy No. 1), 3%C-10%V-5%Mo-5%W(alloy No. 2) and 3%C-17%Cr-3%V(alloy No. 3). The heat-treatments were conducted as follows: frist of all, as-cast specimens were homogenized at $950^{circ}C$ for 5h under the vacuum atmosphere. Then, they were austenitized at $1050^{circ}C$ for 2h and followed by air-hardening in air. The air-hardened specimens were tempered at $300^{circ}C$ for 3h. The observation of morphology of the matrix structures was carried out in the states of as-cast(AS), air-hardened(AHF) and tempered(AHFT). The matrix structures of each alloy were almost fully pearlitic in the as-cast state but it was transformed to martensite, tempered martensite and retained austenite by the heat-treatments such as air-hardening and tempering