The most recent draft of the Metropolitan Transportation Authority capital plan allocates $1.4 billion for 535 new subway cars. "MTA May Need $7 Billion More for Subway," at 19:28 ET on July 18, incorrectly stated the plan allocates $1.7 billion for 450 cars in the fourth and 10th paragraphs. (July 19)

(END) Dow Jones Newswires

July 19, 2018 12:53 ET (16:53 GMT)