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Show Post Office Service Charges Increase Becomes Effective 26 Increases In money orders, insurance, in-surance, registry, certtified mail and COD rates will become effective effec-tive March 26, Postmaster Frank Petty said today. The cost of operating these five special services now exceeds revenues rev-enues by $60 million annually. The fee increases will narrow the cost-revenue gap by $36 million, based on business handled In fiscal fis-cal year 1965, Petty stated. Fees for money orders, registry regis-try and COD were last changed in 1961; insurance and certified mail in 1957. The fee changes are put into effect under the existing administrative admin-istrative authority of the Postmaster Post-master General. The increases include: Money order fees, domestic and international money order fees will be increased by five cents. Insurance fees: The minimum fee bracket will be increased from $10 to $15 and the minimum mini-mum fee will be 20 cents instead of 10 cents. Slight increases in each bracket were also noted by the postmaster. Registry fees: The present 60 cent and 75 cent fees will be combined into a single fee at 75 cents for values up to $100. Registry Reg-istry fees for articles valued in excess of $100 will remain unchanged. un-changed. COD fees: The present 40 cents and 50 cents fee brackets will be combined into one fee bracket at 60 cents for amounts up to $10. There will be no change in the fees covering items valued above $10. Certified mail: The fee will be increased 10 cents from the present pres-ent 20 cents per item to 30 cents. |