Vintage Louis Marx & Co. Inc. Toy Transformer, Catalog No. 1549, designed for Marx electric train sets and accessories.

Front identification plate reads:

TOY TRANSFORMER
Louis Marx & Co. Inc. – New York, N.Y.
Cat. No. 1549
Made in U.S.A.

The No. 1549 is documented as a vintage Marx train transformer rated around 75 watts, with variable track output and a separate accessory output. 

Connections are marked:

• To Track: 5–15 Volts
• To Accessories: 15 Volts
• Reset / circuit protection indicator
• Large speed/power control lever
• Original attached AC power cord

This transformer has not been electrically tested. Due to its age, the cord, internal wiring and insulation should be inspected before regular use.

Good candidate for a vintage Marx train collection, restoration project, display or parts.