Buy up those .41 Forever stamps while they last. I'm going to hoard mine for
about 20 years, then drag them out, just to vex the post office.lol
Kelly C.
"Califchief" <[email protected]> wrote in message
news:[email protected]..
> From the shocked response I've received from a few, I'm guessing
> a lot of folks missed the TV news on Lincoln's Birthday.
>
>
>
>
> FOR IMMEDIATE RELEASE
> Jan. 30, 2008
> Contact: David Partenheimer
> (O) 202-268-8567
> (C) 202-262-3275
> [email protected]
>
> usps.com/news
> Release No. 08-007
>
> Postal Service First-Quarter Results Reflect Drop in Mail Volume
> National On-Time Performance Hits Record Highs
>
> WASHINGTON, DC - The U.S. Postal Service announced that mail volume was
> down 3.0 percent, or 1.7 billion pieces, for the first quarter of fiscal
> 2008, according to preliminary financial results presented today to the
> Postal Service Board of Governors.
>
> First-Class Mail volume decreased 3.9 percent and Standard Mail decreased
> 2.6 percent in the quarter ending Dec. 31, 2007.
>
> Chief Financial Officer and Executive Vice President H. Glen Walker
> attributed the declining mail volume to "disturbing trends" in the overall
> U.S. economy.
>
> "Unfortunately, two key sectors of the economy - finance and housing -
> suffered a downturn in the first quarter, and they're both heavy users of
> the mail," said Postmaster General John Potter.
>
> Net income for the first quarter is estimated at $672 million on revenue
> of $20.4 billion.
>
> "Although revenue is higher than in the same quarter last year, due to the
> price increase last May, it is $500 million less than expected," Potter
> said. "We're working to offset the disappointing revenue with cost
> reductions and new strategies for growth."
>
> Final first-quarter financial results will be released in February.
>
> __________________________________________________ _______________________
>
> FOR IMMEDIATE RELEASE
> Feb. 11, 2008
> Contact: David Partenheimer
> (O) 202-268-8567
> (C) 202-262-3275
> [email protected]
>
> usps.com/news
> Release No. 08-011
> Stamps Increasing by One Cent to 42¢ on May 12
> Forever Stamp Will Still Get Your Letter Delivered
> WASHINGTON, DC - The price for a one-ounce First-Class stamp will increase
> from 41 to 42 cents on May 12.
>
> Prices for other mailing services, such as Standard Mail, Periodicals,
> Package Services (including single-piece Parcel Post), and Special
> Services will also change (see chart below). The average increase by class
> of mail is at or below the rate of inflation as measured by the Consumer
> Price Index.
>
> "The Postal Service developed the Forever Stamp for consumers to ease the
> transition during price changes," said Postmaster General John Potter. "We
> encourage Americans to buy Forever Stamps now for 41 cents, because like
> the name suggests, they are good forever." The price goes up to 42 cents
> on May 12.
>
> The Postal Service has sold 5 billion Forever Stamps since the launch last
> April and plans to have an additional 5 billion in stock to meet the
> expected demand before the May price change.
>
> Selected Prices & Services Current New
> (Effective May 12)
> First-Class Mail Letter (1 oz.) 41 42
>
> First-Class Mail Letter (2 oz.) 58 59
> 17 cents each additional ounce
>
> Postcard 26 27
>
> First-Class Mail International Letter
> (1 oz. to Canada and Mexico) 69 72
>
> First-Class Mail International Letter
> (1 oz. to other countries) 90 94
>
>
> Consistent with a new law*, prices for mailing services will be adjusted
> annually each May. The Postal Service plans to provide 90 days' notice
> before the price changes each year.
>
> New prices for shipping services, including Express Mail and Priority
> Mail, will be announced in March. Prices for all postal products and
> services are available at usps.com/prices.
>
> *The Postal Accountability and Enhancement Act
>
> # # #
>
> An independent federal agency, the U.S. Postal Service is the only
> delivery service that visits every address in the nation - 146 million
> homes and businesses. It has 37,000 retail locations and relies on the
> sale of postage, products and services to pay for operating expenses, not
> tax dollars. The Postal Service has annual revenues of $75 billion and
> delivers nearly half the world's mail.
>
>
>
> ... Tomorrow will be yesterday soon enough.
> ___ Blue Wave/QWK v2.12


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