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Lionel Powerhouse step-down voltage regulator/converter?

I have 2 old PH-1 Lionel Powerhouse transformers which I will not need for track power.  I was thinking about using one to power all my DZ-1000 switch machines and the other for LED lighting.  The PH-1 Powerhouse is rated at output 18VAC, 7.3A (131.4 watts).  Is there a resistor I could buy to safely drop the voltage to 14VAC recommended for DZ-1000 switch machines?  Is there a converter circuit (bridge rectifier + resistor) I could buy to change the output to 4.5VDC and handle the 131.4 watts output?

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OGR Publishing, Inc., 1310 Eastside Centre Ct, Suite 6, Mountain Home, AR 72653
800-980-OGRR (6477)
www.ogaugerr.com

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