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Index drops

Bank of Butterfield closed down 37.5 cents at $12.375 on volume of 9,990 shares.Island Press preference shares closed down $1.50 at $3.50 on volume of 1,054.

close at 1,082.80.

Bank of Butterfield closed down 37.5 cents at $12.375 on volume of 9,990 shares.

Island Press preference shares closed down $1.50 at $3.50 on volume of 1,054.

Argus dropped 50 cents to $10 on volume of 130 while Chips fell 25 cents to $6.25 on volume of 100.

Bermuda Bakery closed unchanged at $18 on volume of 300.

Share volume for the day was 11,574 with a value of $134,640.

Chart -- Page 25