Share volume for the week was 42,339 with a share value of $438,842 while bond volume was 491,200 with a value of $506,312. Total value of trading was $945,154.

The exchange closed down 1.62 points or .15 percent at 1,101.30.

Bank of Bermuda warrants closed up 50 cents at $3.50 on volume of 3,569.

Bermuda Broadcasting gained 25 cents to close at $5.50 on volume of 500 while Hemisphere Group preferred gained 12.5 cents to close at $5.875 on volume of 6,080.

Telco dropped 50 cents to close at $37.50 on volume of 1,422 while Argus dropped 50 cents to close at $10.50 on volume of 7,758 and BF&M preferred closed down 50 cents at $9.50 on volume of 492.

Bermuda Press Holdings dropped 50 cents to close at $8 on volume of 500.

Other issues closing down included; BF&M, down 25 cents at $6.75 on volume of 9,436, Belco down 25 cents at $19.75 on volume of 1,707, Bermuda Home, closing down 12.5 cents at $6.75 on volume of 1,354, and Bank of Butterfield closing down 12.5 cents at $12.50 on volume of 788.

Issues closing unchanged were Bermuda Aviation Services, $3.125, 1,600, and Island Press Holdings preferred, $4, 220.

Trading seven cents above par were $31,200 face Belco 7% Sub. Conv. Nts. 1997 while trading lower were Bank of Bermuda 9%Sub. US$ Cap. Nts. 2001, with $460,000 face trading 1.125 below par.

WEEKLY SUMMARY Biggest gain (%): Bank of Bermuda warrants 16.7% Biggest loss (%):Bermuda Press Holdings -5.9% Highest Volume (shares): BF&M (9436) Lowest Volume (shares): Island Press pref. (220)