Mystery Solved

A very kind woman from the UK recognized the Stratton music box tune - it's the song "Where Is Your Heart" from the 1952 Moulin Rouge. This song is a romantic dream. Pretty. This song is your grandparents in their twenties, played by Audrey Hepburn and Fred Astaire, dancing and falling in love.

The Mystery of the Red Rose Stratton Musical Compact

I just put a vintage Stratton Musical compact up on Ebay, but I don't recognize the tune it plays. I'll post it here just in case any passing Reuge buff can recognize it.

(p.s. I made the recording VERY loud you might want to adjust your volume before clicking play)