results next month, went up by $1 to $9 on the Bermuda Stock Exchange on Friday on a volume of 500.

This, and share increases in Bermuda's two big banks, helped push the Exchange Index up by 10.86 to 1,078.63.

Bank of Butterfield stock was up 50 cents to $26.50 on volume of 494 and Bank of Bermuda increased by 25 cents to $20 on 524 volume.

Remaining unchanged were Bermuda Commercial Bank, which had 2,216 shares traded at $9 each; Argus Insurance, $11.50, 4,371; BF&M, $11, 340; and Bermuda Fire & Marine Insurance, five cents, 5,690.

A total of $211,031 shares were traded for the whole of last week.

The following dividends were declared: Bank of Bermuda, 20 cents; Devonshire Industries, 50 cents; Kentucky Fried Chicken (Bermuda), 40 cents; Stevedoring Services, six cents; Argus Insurance, 12 cents; BF&M, 10 cents; BF&M nine percent preference, 22.5 cents; Belco, 25 cents; and Telco, 50 cents.