Ives Toys miniature railways (1911)

You can read more about Ives Manufacturing at wikipedia.

They made trains and dolls powered by clockwork mechanisms starting in the 1860's. In the 1910's they sold electric trains as well, although many US households were not electrified yet.

Eventually they succumbed to competition from Lionel and other companies. Lionel ran ads comparing the cheapest models from Ives to the highest price models from Lionel. That was effective despite Ives designs often being more realistic at the same price point. By the 1920's Lionel had twice the revenue of Ives and was profitable. Ives was losing money and sold out to Lionel in 1928.

You can still find their trains or other toys on ebay or vintage toy sites.