yesterday suffered a drop in value of 25 cents each, as the Exchange Index continued to descend from its July 20 high. The index closed down by 2.77 to 1,204.65.

The highest volume was in Telco, with 720 shares trading for $383 each.

Bermuda Press fell to $9.75 on volume of 465, Belco fell to $21 on volume of 284 and Commercial Bank fell to $9 on volume of 195.