bonds valued at 9,748.50. Nine stocks traded, eight closing up by the end of the week, and one trading unchanged. The lone bond trade left the Bermuda Telephone Co. issue unchanged at $97 on a volume of 10,050.

Bermuda Bakery was the biggest gainer, closing at $17.50, up by $2.50 on a volume of 1,762 shares. The Bank of Bermuda rose 1 to close at $18 5 on a volume of 37,133. The Bank of Butterfield rose 50 cents to close at $10.50 on a volume of 64,661 shares. Bermuda Commercial Bank rose 1 to close at $4.25 on a volume of 1,000. Argus Insurance Co. Ltd. rose 25 cents to close at $12.50 on a volume of 2,200. Bermuda Press (Holdings) Ltd. rose $1 to close at $9 on a volume of 1,894. Staples Holdings Ltd. rose 1 to $8 on a volume of 2,000.

BELCO Holdings rose 25 cents to $20.25 on a volume of 17,226. Bermuda Home traded unchanged at $7.50 on a volume of 500 shares.

*** Biggest gain: Bermuda Bakery Ltd. (14.29%) Biggest loss: None Highest volume: Bank of Butterfield (64,661) Lowest volume: Bermuda Home (500)