yesterday after Monday's announcement of a new stock split, a ten percent stock dividend and improved results for the first ten months of fiscal 1993.

Investors appeared to welcome the Bank's progress, pushing the share price up to a closing price of $453 on a volume of 754. The Bank's stock has increased by almost $6 over the last two days.

With the stock of three other companies also going up, the Exchange Index jumped in heavy trading by 36.82 points to 998.17 -- almost the level it started at when the Exchange went daily on February 24, 1993.

Bermuda Commercial Bank stock again made gains to close 75 cents up at $9, with a volume of 595 following shareholder approval of oil magnate Mr. John Deuss' move to purchase Barclays Bank's 32 percent stake.

Bermuda's other bank, the Bank of N. T. Butterfield, was also in the ascendancy, climbing by 25 cents to $24.75, with a volume of 4,172.

Belco, whose annual results are offically due out tomorrow, saw its stock climb by 50 cents to $20.50, with volume of 1,550.

Shares worth a total of over $170,000 were traded during the day.