Arne, that's a fabulous signal bridge and a great restoration!
"Great Hauler - Its power is surprising, being greater of course than No. 33. It will haul one dozen or more trail cars. The controller and the greater pulling power are easily worth the difference in price, between this and No. 33."- Lionel 1917 catalog. I found this nice No. 38 at a show last year sitting on the table all alone waiting to be adopted and put back into action. It needed motor service, a good cleaning, new brushes and epoxy reinforcement for the original fiber commutator ring. It's a common piece but one that has charm and is fun to run.