Aquatic fungi in-Powell's Slough were.studied in 1967 & 1968. Collections were made and water temperature, oxygen content & pH values were measured at weekly intervals. For collections, wire baskets containing substrata were submerged in water for one month. After collecting, substrata were brought to the laboratory. Identification was based on the keys of Sparrow, 1960. Aquatic fungi identified included seven orders, nine families, fifteen genera, and thirty species, from thirty-three collections of fifteen types of substrata. The substrata used in this study were: (i) fruits: apples, rose hips, plums, pears, haws; (ii) twigs: poplar, weeping willow, river birch, weeping white birch, pine, sumac, roseleaf mountain ash; (iii) others: algae, snake skin, fish head. Blastocladia pringsheimii was the predominant species, found on twelve different types of substrata. The number of species increased both in spring and in autumn, and decreased in summer.