Net of temperature, salinity and dissolved oxygen content measurements were made in situ at 24 stations in Admiralty Bay with the use of automatic analyzer Martek MK IV. Results proved a presence of two water masses located horizontally one over the other, with the boundary at depth of 15—35 m. The main, lower mass consists of homogenous waters inflowing from the Bransfield Strait. The upper, thin and much differentiated layer is formed through interaction of the main underlying water mass with meltwaters from glaciers and sea ice. It is probably formed along the whole archipelago and carried by surface currents into the bay where it is subjected to further modifications. Local salinity and temperature extremes are associated with glacier water runoff; local dissolved oxygen maxima seem to be connected with phytoplankton distribution. Strong currents occurring in te bay due to water circulation may cause local, short term and sometimes considerable fluctuations in values of parameters recorded at individual stations.