BF&M nine percent preference stock fell by $1 to $11, with a volume of 250, in the biggest price movement.

Telco stock went up by one-eighth of a dollar to $35, with a volume of 1,000, while, in the only other trade, Bank of Butterfield stock remained stable at $25, with a volume of 716.

Volume last week was relatively light, with 4,353 shares traded for a vlaue of $114,682. No bonds were traded.

Yesterday was the cut off day for shareholders to receive the following dividends, which are due to be paid out this Thursday: Bank of Bermuda, 50 cents; Bank of Butterfield, 25 cents; Bermuda Bakery, 20 cents; Bermuda Computer Services, 20 cents; Masters, 10 cents; Argus Insurance, 12 cents; BF&M, 10 cents; Bermuda Press (Holdings), nine cents; Telco, 50 cents; Watlington Waterworks, eight cents.