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Results Chart for Delivery Method and Financing
From Private Capital Markets Directly to Producers as Debt: Pennsylvania Railroad funded the program, and ran rail service into Penn Station from the east and the west between 1910 and 1970. The initial construction cost of the entire program was $114 million. Long term O&M costs between 1910 and 1970, when Penn Central RR entered bankruptcy are not known.
From Producers as Equity