After the Crash During the Great Depression, Lionel's sales and profits slumped, and 1931 was its first year in the red. Ironically, as times grew tougher, the company introduced its greatest standard-gauge steam locomotive, the No. 400E, whose $42.50 price was beyond the means of most families. In 1934, financial troubles led Lionel into court-ordered receivership to stave off bankruptcy. That year the company's fortunes were boosted by the debut of the wildly popular Mickey and Minnie handcar, a $1 windup toy. Meanwhile, streamlining was all the rage on America's railroads, and Lionel followed suit with its own designs, like the Union Pacific, the Hiawatha, and the Flying Yankee. Lionel showed profits again in 1935, and the receivership was discharged. The No. 700E New York Central Hudson, with its blueprint-accurate details, appealed to adult hobbyists. It also marked the ascendancy of affordable O gauge over the more expensive standard gauge, which was discontinued in 1939.