second day in a row yesterday. Hit by bank declines as well as a drop by an insurer and a utility, the index closed down 10.68 points or 1.17 percent, at 899.68. Bank of Bermuda fell 25 cents to $16.50, despite Friday's report of a marginal increase in six month profit. Bank of Butterfield fell 12.5 cents closing at $8.875, Argus closed at $11.875, down 12.5 cents, and Telco fell 75 cents closing at $30.25. In other trading, TeleBermuda and BSL were unchanged.

volumes were heavy in TeleBermuda and Bank of Butterfield. ---- Chart, Page 10