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Index drops

Bank of Butterfield closed down 12.5 cents at $12.25 on volume of 851.Trading unchanged were: Bank of Bermuda, $19.50 on volume of 2,635; Argus, $10.50, 2,750; BF&M, $9.75, 429; and Belco, $20, 78.

trading yesterday.

Bank of Butterfield closed down 12.5 cents at $12.25 on volume of 851.

Trading unchanged were: Bank of Bermuda, $19.50 on volume of 2,635; Argus, $10.50, 2,750; BF&M, $9.75, 429; and Belco, $20, 78.

Share volume for the day was 6,743 with a share value of $96,425. Chart -- Page 10