Substantial salary increases, affecting especially the junior members of the faculty, were announced at Monday night's meeting of the Faculty of Arts and Science, Provost Buck said yesterday, characterizing the move as "part of a long range policy of meeting the problem of academic salaries."

While the lower ranks were granted blanket pay boosts, associate and full professors will get increases under a new formula set up on an individual basis.

Under the new schedule, teaching fellows on a full time basis will get $3000 per year instead of $2500, annual instructors were upped from $3000 to $3500 per year, and assistant professors moved from a graduated bracket of $4000-4250 up to a flat $4500 yearly salary. All increases, the Provost said, are to be effective as of October 1 this year.

The increase marks the second time in six months that faculty stipends have been upped. On July 1 teaching fellows received a 25 percent raise, annual instructors 20 percent, and assistant professors from 22 to about 6.5 percent boosts.

Provost Buck also stated that the Corporation-approved changes were completely consistent with the University policy of aiding the younger ranks "where the financial problem is especially acute."

He said that two factors had been considered in making the decision to raise salaries: the maintainance of the University's salary leadership, and increased cost of living. The Provost stated that Harvard was "still well above average" in the matter of faculty stipends.

He also pointed out that, unlike many other universities, Harvard had maintained its schedule of promotions and merit increases all during the war.