MONDAY, AUGUST 16, 1976
NEW $5 COINS START CIRCULATING TODAY
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THE NEW $5 COINS, WHICH ARE TO GRADUALLY REPLACE THE $5 BANKNOTES IN USE AT PRESENT, START CIRCULATING TODAY (MONDAY).
THE INITIAL SUPPLY TO THE BANKS CONSISTS OF 3.2 MILLION COINS OR $16 MILLION, STARTING FROM NEXT WEEK, THE SUPPLY WILL BE ABOUT 500,000 COINS PER WEEK.
THE $5 COINS WERE INTRODUCED EARLIER THAN ORIGINALLY PLANNED BECAUSE OF THE ESCALATION OF NOTE PRINTING COSTS.
THE NEW COIN IS 10 SIDED AND MEASURES 31 MILLIMETRES DIAGONALLY. IT IS MINTED IN CUPRO-NICKEL LIKE THE PRESENT ONE DOLLAR COIN AND IS ABOUT THE SAME SIZE AS THE PRESENT ONE DOLLAR COIN BUT WEIGHS SLIGHTLY LESS.
CLOSURE OF WAI CHI STREET IN KOWLOON
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FROM TOMORROW TUESDAY (AUGUST 17) WAI CHI STREET, IN SHEK KIP MEI, KOWLOON, WILL BE CLOSED TO ALL TRAFFIC AT NIGHT BETWEEN 12.30 A.M. AND 5.30 A.M.
THIS IS TO ENABLE A TEMPORARY DECK TO BE ERECTED IN CONNECTION WITH THE CONSTRUCTION OF THE MASS TRANSIT RAILWAY.
THE ARRANGEMENT WILL LAST FOR ONE WEEK.
APPROPRIATE TRAFFIC SIGNS WILL BE POSTED TO GUIDE
MOTORISTS.
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