Ferdinand Strauss Co. was founded in New York City. Strauss specialized in importing tin mechanical toys and produced toys from 1914 to 1927.
Strauss hired Louis Marx, whom later founded the Marx toy company.
Strauss produced (wind-up) toys for the Abraham & Strauss Department Stores and was a pioneer in the friction tin toy industry.
What's it worth? Take a look at this Strauss price guide: sold listings for a value indication.