Bermuda Stock Exchange yesterday.

BF&M fell by 25 cents to $91 on volume of 338 and Telco dropped by $3 to $395 on volume of 544.

Trading unchanged were the Bank of Butterfield, which closed at $29.50, with a volume of 1,678; Belco, $19.50, 997; and Bermuda Commercial Bank, $10, 864.

There was heavy trading in Government's 6.5 percent notes, which went up by $2, in trading worth $21,000.

The Exchange Index closed at 1,166.99 -- up by 0.92.