of the Island's bank issues declining.

Overall, five issues closed down, two advanced and three closed unchanged.

Volume was moderate.

Bank of Bermuda declined 25 cents to close at $18.25 on volume of 1,289.

Bermuda Commercial Bank closed down 25 cents at $5 on volume of 11,382.

Bank of Butterfield, trading on volume of 4,532, declined 12.5 cents to close at $9.625.

SAL Ltd. led declines closing down $1 at $3 on volume of 500.

Argus declined 12.5 cents at $10.75 on volume of 150.

Bermuda Home preferred advanced 25 cents to close at $11.75 on volume of 225 while BF&M preferred closed up 25 cents at $9 on volume of 1,000.

Bank of Bermuda warrants closed unchanged at $2 on volume of 2,934.

Telco closed unchanged at $35 on volume of 1,792 while Bank of Bermuda 9% sub.

cap. nts. were unchanged at $100.25 on volume of 250 units worth $25,062.50.

The index closed down 10.51 points, or 1.09 percent, at 968.17.

Share volume was 23,804 worth $208,668.50.

Total volume was $233,731.

WEEKLY SUMMARY Biggest gain (%): BF&M preferred ( 2.9%) Biggest loss (%): SAL (-25%) Highest volume (shares): Bermuda Commercial Bank (11,382) Lowest volume (shares): Argus (150)