TNAG-0455-FCO40-520-Minting-of-new-coins-for-Hong-Kong-1974 — Page 91

CONFIDENTIAL # 2

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Organisation

Hong Kong & China Gas

Co., Ltd.

Hongkong Electric Co.,

Ltd.

Comments/Suggestions

(b) Temporary confusion will likely

happen at the beginning between

the old $1 coin and the new $2.50

coin since they are equal in size

and weight.

(iv) 206 (or 25¢ if charges dictate this) and

$5 coins should be added to the existing

range. The $5 coin should be no larger

than the existing dollar, distinguishability

being achieved by shape. There is no need

for coins between the range of $1 and $5.

(1) Future requirements likely to be dictated

by transport fare structures.

(ii) $1 too heavy - possible use of lighter

metal.

(iii) $2/$2.50 coin, presumably of different

shape, would reduce the number of coins

to be carried.

(iv) Increase use of vending machines will

require an increased supply of certain

denominations.

(v) No likelihood of pre-payment gas meters. (vi) For the foreseeable future Company will

continue to require 5 (up to $25 per day)

and 1 (up to $14 per day).

In the interests of improving service to

consumers, coinage should be suitable for

use in automatic change dispensing machines.

Hong Kong Telephone Co.,

Ltd.

(i) 5 cent coin could be abandoned. (ii) Introduction of easily distinguishable

20 cent and $2 coins would be advantageous.

/......

G.F. 323

CONFIDENTIAL

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