To a casual observer it was merely the somewhat proud and cold reserve of a lady in a public place, while under the eyes of a strange and miscellaneous assemblage.

Graydon imagined that it might veil some resentment because he had been so remiss in his attentions.

He could scarcely maintain this view, however, for she was as cordial to him as to any one, while at the same time giving the impression that he was scarcely in her thoughts at all.
Mr.Muir was perplexed also, and watched her with furtive admiration.
"If she cares for Graydon's neglect she's a superb actress," he thought.

"Great Scott! what an idiot he is, that he cannot see the difference between this grand woman and yonder white-faced speculator! She actually quickens the blood in my veins to-night when she fixes her great black eyes on me." Graydon felt her power, but believed that there was nothing in it gentle or conciliatory toward himself.

Probably her mood resulted from a proud consciousness of her beauty and the triumphs that awaited her.
She had been young and gay heretofore with the other young people, but now that a number of mature men, like Arnault, had appeared upon the scene, she proposed to make a different impression.