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Local Update

international telephone calls, saw its shares fall by one dollar yesterday, closing at $37 on a volume of 500.

Bank of Bermuda stock fell 25 cents, closing at $19.75 on a volume of 3,995.

Bank of Butterfield stock fell by 75 cents to close at $34 on a volume of 4,381.

Devonshire Industries traded unchanged, closing at $10 on a volume of 110.

The Bank of Bermuda's nine percent notes traded unchanged, to close at $107.3 on a volume of 21,000.