FO371-24687 — Page 57

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NICKEL COINS

Composition:

Weights: 56

56

3.0 grams

3.0 grams

75% copper / 25% nickel

(actual)

10

4.5 grams

(assumed)

100 tons of nickel is sufficient to produce

5 coins 270,944,000 of face value $13,547,000

or

10% coins 180,630,000 of face value $18,063,000

without allowance for wastage.

M.B. K. informed us last year that the Hua Hsing

Bank had ordered 20 minting presses from Japan.

Capacity was not stated.

20/6/40.

11

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