Exchange.

Staples preferred closed up 25 cents at $9.25 on volume of 2,500 while Telco gained 12.5 to close at $36.875 on volume of 700.

Argus closed down 25 cents at $10.50 on volume of 5,500.

Bank of Butterfield closed unchanged at $10.50 on volume of 200 while Belco closed unchanged at $20 on volume of 1,500.

The index closed down 1.19 points or .12 percent at 1,004.53.

Share volume was 10,500 with a value of $139,437.50.