|Houston County Courier - Local News
Stories Added - March 9, 2008 - March 16, 2008
Copyright 2008 - Polk County Publishing Company
Stamps price to rise Again
Houston County Courier - March 2008
By Crystal Rhone,
Beginning Monday, May 12 patrons of the United States Postal Service will pay an addition penny to mail a first class letter.
On that day postage will increase to 42 cents for a one-ounce letter.
It was on March 22, 2007 that a 39 cent stamp rose to 41 cents.
According to the USPS the price of the Forever Stamp will go up as well but those stamps can be purchased for 41 cents until the increase takes effect in May.
Prices will also increase on first-class mail, standard mail, periodicals, package services, and special services.
The post office will also have a 62 cent stamp available shortly after May 12 for one-ounce nonmachinable first-class mail letters, such as square greeting cards.
According to the post office, the average increase by class of mail is at or below the rate of inflation as measured by the Consumer Price Index.
A trip down memory lane shows that patrons paid a whopping 3 cents for the first .5 ounce stamp issued by the post office on March 3, 1863.
And in 1970 postage for a one-ounce letter was 6 cents. In May 1971 and increase to 8 cents occurred.
Likewise, postcards will have increased from 5 cents in 1970 to 27 cents with the 2008 increase.
Another trip through history shows that comparatively the price of a gallon of gasoline was a mere 36 cents in 1970 and by 1979 the cost for that same fuel had skyrocketed to 86 cents.
As of Friday, March 7 gasoline in Crockett was $3.11 per gallon.
The minimum wage in February 1970 was $1.45 an hour and on July 24 that will increase to $6.55 per hour.