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ATMs will soon be installed in post offices

WASHINGTON - The Postal Service, which once served as a bank itself, will soon begin providing automatic teller machines in post office lobbies. Assistant Postmaster General Gordon C. Morison will explain the plan to a convention of community bankers this weekend, postal officials said.

The plan calls for local banks across the country to install the cash-dispensing machines in post office lobbies. Banks will be selected by competitive bidding for the right to place their machines, officials said.

Some 6-million people visit postal lobbies daily. The presence of the machines should provide a one-stop location to do business, postal officials anticipate.

At the same time, the Postal Service is preparing specially designed stamps to be sold by banks through their machines.

The self-adhesive stamps will be sold in "sheetlets" of 12.