Watlington Waterworks gained 25 cents to close at $5 on volume of 200.

Island Press Holdings gained $1 to close at $5 on volume of 3,000.

Bank of Butterfield gained 50 cents to close at $12 on volume of 11,564.

Hemisphere preferred gained 50 cents to close at $6 on volume of 400.

Argus jumped 37.5 cents to close at $11 on volume of 1,964.

Bank of Bermuda 9% sub. US$ cap. nts. 2001 gained 50 cents to close at 102.625 on volume of 50,000 units with a value of $51,313.

Bermuda Commercial Bank, trading ex-rights, dropped $1.25 to close at $6.75 on volume of 12,792.

Issues trading unchanged were; Bank of Bermuda, $18.50, 24,590, Bank of Bermuda warrants, $3, 803, Bermuda Bakery, $18.50, 107, BF&M, $6.75, 6,100, Bermuda Press Holdings, $8, 3,300, and Bermuda Container Line, $4.625, 500.

Mezzanine Capital's NAV gained one cent to $10.07.

Share volume was 127,146 with a share value of $1,216,533.

The exchange gained 9.72 points or .95 percent to close at 1,047.65.

WEEKLY SUMMARY Biggest gain (%):Island Press 25% Only loss (%):Bermuda Commercial Bank trading ex-rights 15.6-% Highest Volume (shares):(Bank of Bermuda 24590) Lowest Volume (shares):(Bermuda Bakery 107)