|44 pages on pulp paper in color. Another interesting year for Lionel as Standard and O gauge lines continue to develope, and they're introducing so many new items. Front cover featured Cowen's son with an 402 electric with 400 series passenger cars(outfit 403), and the back cover featured an classic illustration of the Irvington, New Jersey factory. The first eight pages include detailed text and specifications for Lionel engines and cars(O and Standard gauge). Highlights include; 251(new in 1925), 253, 256, 254, 8(new), 10(new), 318, 380, 402, outfit #403, outfit #268, outfit #343, outfit #403(Complete layout in standard gauge for $200), a simple selection of stations and houses, and much more. A great year for Lionel. The 1920's catalog's are not too readily available in collector condition.