Eleven stocks and two bonds traded, with five advancing, four declining and two unchanged in value.

Total volume was 32,178 shares valued at $548,227.50, and bonds valued at $20,797.

Watlington Waterworks had the biggest gain of the week, rising 50 cents to $6.50 on a volume of 200 shares. Bermuda Press (Holdings) Ltd. had the biggest loss, falling $1 to $8 on a volume of 1,000 shares.

Bank of Bermuda closed the week at $19.25, a rise of 1 on volume of 16,179 shares. Bermuda Bakery Ltd. rose 50 cents to $18 on volume of 314. Belco rose 1 to $201 on a volume of 7,585 shares. Bermuda Government bond issue rose $5 to $100 on a nominal value of $17,000.

Bank of Butterfield closed the week down 25 cents to $10 on a volume of 4,139.

Bermuda Home fell 3 to $73 on a volume of 1,112. Bermuda Telephone Co. bond issue fell $1 to $95 on a nominal value of $4,260.

Trading unchanged were Bermuda Commercial Bank at $4.25 on volume of 248, Bermuda Home preference shares at $10 5 on a volume of 501, Staples Holdings Ltd. preference shares at $7.75 on a volume of 500, and Bermuda Telephone Co.

at $27 on a volume of 400.

SUMMARY Biggest gain: Watlington Waterworks (7.69%) Biggest loss: Bermuda Press (Holdings)(-12.5%) Highest volume: Bank of Bermuda (16,179) Lowest volume: Watlington Waterworks (200)