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The Bermuda Stock Exchange closed down 4.94 points or .45 percent yesterday with seven issues trading. Long Botham Boats gained 75 cents to close at $7 on

1,333 to close at $3.25. Telco gained 25 cents on volume of 200 to close at $38 and Hemisphere Group preferred gained 12.5 cents closing at $5.625 on volume of 2,600. Bank of Butterfield dropped 25 cents to close at $12.25 on volume of 240 while Bermuda Home closed down 12.5 cents at $6.875 on volume of 341. Bermuda Commercial Bank closed unchanged at $10.125 on volume of 500.

Share volume for the day was 5,414 with a value of $38,304.