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No ’97 Rate Hike, Postal Chief Says

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From Times Staff and Wire Reports

No price increase for mail is planned for the next year, the head of the U.S. Postal Service said. The last increase, to 32 cents from 29 cents for a domestic letter, was the only hike for four years and was less than the rate of inflation for the period, Postmaster General Marvin Runyon told the Anchorage Chamber of Commerce. He said that the Postal Service had recorded several profitable years and expected another one.

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