CONFIDENTIAL
6-
Organisation
New Lantao Bus Co., (1973)
Ltd.
Peak Tramways Co., Ltd.
Comments/Suggestions
Favour a 20% coin as:-
(i) 20% is an even number and simplifies
calculations;
(ii) No 5 rests in fare structure; (iii) A 25 coin would necessitate the giving
of a 5 coin in change; the latter is
getting less and less popular.
Existing 10 and 50 cent coins should
be retained.
Post Office
"Star" Ferry Co., Ltd.
(i) Satisfied with present denominations but
$2 coins may prove useful.
(ii) Objections to $5 coin because of likely
difficulties in maintaining adequate cash
floats and in moving coins from banks to
post offices.
(iii) Retain 5 cent coin but need for this will
diminish; therefore no need for a 25
cent coin.
(iv) 20 cent coin:
no great advantage in
giving change; in the event of a 20 cent
basic inland postal rate, present 10 cent
vending machines could be utilized,
(v) In determining sizes of new coins,
consideration should be given to those
coins currently in use in S.E. Asia.
(i) A 25 cent coin would be an obvious advantage
with the present fare structure but this
could disappear with a change in fares.
(ii) No problems with present coinage.
(iii) Little advantage, in view of minting and
storage costs, in issuing $2 and $5 coins. (iv) At present, because of frequent breakdowns,
limited use is made of coin acceptance
machines.
G.F. 323
CONFIDENTIAL
機密
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