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LOCAL UPDATE

Stock Exchange with just under $200,000 worth of securities traded.Bermuda Home dropped 62.5 cents to close at $9.25 on volume of 2,577.

Stock Exchange with just under $200,000 worth of securities traded.

Bermuda Home dropped 62.5 cents to close at $9.25 on volume of 2,577. Argus closed down 25 cents at $10.75 on volume of 826 while Bermuda Commercial Bank warrants closed down 12.5 cents at $1.375 on volume of 5,000.

Issues closing unchanged were; Bank of Bermuda, $18.875, 3,126, Bank of Bermuda warrants, $3, 432, Bank of Butterfield, $11.25, 7,600, Bermuda Commercial Bank, $5.125, 1,561, and Hemisphere Preferred, $7.50, 610.

Share volume was 21,732 with a value of $197,966.13. The index closed down 1.47 points or .14 percent at 1,033.72.