Funds and Investment Funds

Funds Mutual Vanguard A new statewide transit advocacy group has been formed to provide a strong voice for three regional groups encouraging more people to leave their cars at home and hop on a train or bus instead.

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Funds Mutual Top The New Jersey Transit Riders' Advocacy Council met for the first time Jan. 14 in Cranford and plans to convene regularly to discuss issues that will increase rail and bus ridership and decrease congestion, pollution and accidents on the state's highways and byways.

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Funds Market Money One of the first orders of business is to find ways to secure stable sources of funding from the federal and state governments that will support NJ Transit so it can provide reliable and affordable train and bus transportation.

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Funds In Investing Mutual Faced with fare hikes ranging from 10 percent to 40 percent more than what they were paying a year ago, commuters have been complaining that it is neither fair nor cost effective to be forced to shoulder the burden of paying for such a steep hike.

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Fidelity Funds Mutual So now, the new group -- representing the Lackawanna Coalition that monitors the Morris and Essex and Montclair and Boonton lines; the Raritan Valley Rail Coalition that monitors that line through Somerset and Union counties; the New Jersey Association of Railroad Passengers, a 500-member nonprofit organization, and bus riders -- has a solution.

Blue Chip Value Fund, Inc. (the Fund) is a diversified, end management investment company, registered under the Investment Company Act of 1940. The Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of large companies with headquarters in the United States, such as those included in, or similar in size to those included in, the S and P 500 Index. Denver Investment Advisors LLC (DIA) acts as the Fund's investment adviser, while ALPS Mutual Funds Services, Inc. and DIA serve as the Fund' administrators.

Funds Load Mutual No It is advocating raising the New Jersey Motor Fuels tax by 10 cents per gallon, with 5 cents to go for day-to-day operations for NJ Transit and the other 5 cents earmarked for the agency's capital improvement projects.

Funds Investment At a meeting yesterday of the Raritan Valley Rail Coalition, officials agreed that it was important to reach out to local legislators to help push that idea.

Funds Retirement "The bad news is, it's another tax," said Lewis Mingo, coalition chairman. "But you're taxing people who drive" and reducing the number of autos will reduce congestion, pollution and the number of incidents of road rage, he said.

Funds Trust Frank Reilly, executive director of the Division of Transportation Management for Morris County, suggested that 1 cent of the proposed 10-cent hike be set aside to help fund the purchase of paratransit minibuses to ferry seniors and the disabled as demand for the service is "exploding."

Closed End Funds Focusing more on increasing mass transit ridership will change circumstances like the one David Peter Alan faces when he leaves his house in South Orange to visit his girlfriend in Dunellen. It takes him 90 minutes via rail, compared with a 35-minute car ride. But because he cannot drive, he relies on mass transit to take him where he needs to go.

Funds Ohio Unclaimed Alan, an attorney, is the founder of NJTRAC. He described it as an umbrella organization that represents the interests of the Lackawanna Coalition, the Raritan Valley Rail Coalition and the New Jersey Association of Railroad Passengers on a statewide basis.

Aim Funds "All three of those organizations care about better rail service, but they are very diverse organizations that have some differences and have local focuses," he said. "I see NJTRAC as advocating on behalf of transit riders on issues of general agreement."

College Free Funds Grant Those issues include supporting Amtrak, which NJTRAC believes is beneficial because without it the cost of the Northeast Corridor line would be borne by the states, and supporting secure and stable funding for NJ Transit.

Active Funds Index Investor Having rail as a transit option is imperative to many. Some 75 million Americans do not drive because of age, health, economic status or fear of road rage, said William Wright of Cranford, secretary of the New Jersey Association of Railroad Passengers.

Electronic Funds Transfer "When there is transit, people use it," he said.

Ci Funds Public transit also complements the governor's plans for smart growth, Mingo said, adding that efforts will be launched to emphasize that aspect.

Funds India Mutual "It's all well and good for the governor to say we have to fight sprawl, but we're up against high- paid lobbyists for the road-building industry," said Alan. "We have to make sure that people who could be on our side, like the environmental movement, see transit as an alternative to overcrowded congested roadways."

Cost Easy Exchange Fund Funds By Cathy Bugman
Star-Ledger - 1/28/2003

Topic: Transportation

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