The daily collegian. (University Park, Pa.) 1940-current, October 29, 2008, Image 3

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    The l> ly Collegian
University updates bicycle policy
By Neha Prakash
COLLEGIAN STAFF WRITER | nqpsol9@psu.edu
University policy regarding bicycle use
and safety was updated last week to
address concerns stemming from a grow
ing population of bike riders on campus, a
university official said.
“The goal is to have comprehensive
bicycle circulation and safety, to have
understandable regulations and also to
encourage bicycling as a mode of trans
portation,” said Annemarie Mountz, assis
tant director of public information.
The increase in bicycle use has made
university officials realize the lack of
knowledge among cyclists for appropriate
and inappropriate behavior when using a
bicycle and prompted the policy update,
Mountz said.
The new policy, which Mountz said
focuses mainly on safety issues, includes
rules such as no bikes permitted on any
Wall Street jumps again, but investors remain concerned
By Christopher S. Rugaber
and J.W. Elphinstone
ASSOCIATED PRESS WRITERS
Wall Street’s best day in two weeks
and one of its best ever was a joy
less rally.
Even a manic, final-hour stampede
of buying that sent the Dow Jones
industrials soaring almost 900 points
did nothing to dispel the feeling that
the market could turn on investors in
an instant.
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sidewalks along any campus roads, no
bikes allowed on any pedestrian roads in
the main part of campus, bikes can only be
ridden on approved bike routes and auto
mobile thoroughfares, and bikes must be
secured to racks and not parked inside
buildings.
The laws are meant to be preventative
measures against pedestrian, motor and
bicycle collisions, said Tyrone Parham,
deputy chief for Penn State Police.
“If a bicycle goes blasting through a stop
sign, because they are not following policy,
they are in danger if a car comes, or they
put a pedestrian in danger if they cross,”
Mountz said.
Steve Maruszewski, deputy associate
vice president for the Office of Physical
Plant, said he has seen a “dramatic
increase” of bikers on campus, adding he
even noticed faculty and staff using bikes
as their primaiy form of transportation.
“This new policy will make it more con-
But the extraordinary, lurching Any other day like this the Dow rose 936 points, its best ever, no other came out today or yesterday that
volatility that has gripped Wall Street and the Standard and Poor’s 500 both single-day rally has come close in would take it up or down. We’re all
since the financial meltdown began in rose almost 11 percent might have terms of points to what happened groping for something meaningful to
mid-September meant there were no ended with boisterous cheers and Tuesday. talk about,” said Bob Andres, chief
guarantees the rally would hold, not paper tossed into the air. Analysts ventured a number of investment strategist at Portfolio
even for a few days. On Tuesday, 4 p.m. came with mea- explanations for the sudden rally Management Consultants.
Investors are expecting a cut in ger applause. * including coming interest rate cuts, “The market is exhausted from
interest rates when the Federal “I don’t think it will be a sustained bargain hunting, a market desperate going down.”
Reserve announces its decision some- move,” said Matt King, chief invest- to find a bottom and the expectation The mood on Main Street is decid
time today. ment officer at Bell Investment that banks, at the urging of the White edly more pessimistic, and new data
But they’re also staring into an eco- Advisors. House, will quit hoarding money and Tuesday showed Americans are more
nomic abyss, bracing for a recession of The Dow finished 889 points higher start making loans. depressed than market analysts had
a depth no one knows for sure. to close at 9,065. On Oct. 13, the Dow “There is nothing fundamental that expected.
*• College Ave. •
venient for bike use on campus,”
Maruszewski said.
Maruszewski, who conducted a study to
find the impact of greenhouse gases on the
environment because of campus behavior,
said he found transportation played a
major role.
“Our estimated annual total is that 54
million miles are driven by Penn State
commuters at University Park. ... That
means three million gallons of gasoline
per year,” Maruszewski said. “We are
encouraging use of bicycles to reduce the
overall emissions associated with vehicu
lar use to reduce our impact on global
warming.”
The increase in bike riders has also
prompted a need to add bike racks around
campus to fit the new policy. There have
been about 100 new bike racks added in
the past years, but more are needed,
Maruszewski said, adding bikes are many
times seen tied to trees and fences.
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Steph Witt/Collegian
Students ride their bikes on Pollock Road Tuesday. Penn State
officials recently updated some of the rules for local bikers.
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