I recently purchased an Atlas metal lathe and an assortment of tools. Among these tools was a mounted dial indicator. I have researched and have not been able to determine it's intended use. I hope someone here on the forums will be able to tell me what this tool was intended to measure. It is marked "Federal Products Dial Indicator Model 57B-3-R2" and measures in increments of .0005 inches. Thanks for any help.