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LOCAL UPDATE

Stock Exchange closed up .56 points or .05 percent at 1,021.72 yesterday.BF&M preferred gained 37.5 cents to close at $10 on volume of 500.

Stock Exchange closed up .56 points or .05 percent at 1,021.72 yesterday.

BF&M preferred gained 37.5 cents to close at $10 on volume of 500.

BF&M closed unchanged at $6.50 on volume of 13,596.

Telco gained 25 cents to close at $35.25 on volume of 500 while Hemisphere preferred gained 25 cents to close at $6.25 on volume of 1,500.

Staples preferred dropped 12.5 cents to close at $9.125 on volume of 400.

The share volume was 16,696 with a value of $126,424.