default drop down menu value

[NATEVELLI]

I currently have a web catalog administrator page that when I set up new accounts I have to select the properties in a drop down menu everytime. How can I make it so that the values are set to a default value that I can change if need be? here is what the code right now looks like

<!-- Web Hold Code for web orders (drop down) -->
<TR>
<TD align="right" class="label"><bean:message key="admin.form.account.option.HoldCode" />:</TD>
<TD class="input">
<html:select property="holdCode" styleClass="label" >
<OPTION value=""><bean:message key="admin.common.selectone"/></OPTION>
<htmlptionsCollection property="holdCodes" label="hcd_hold" value="hcd_id" />
</html:select>
</TD>
</TR>