That music is Raymond Scott and you should know who he is.
It's a classic! You've heard it lots of places.
Here's the full piece, as played by HIS group.
Now, you say, how would I know that guy? Well, give this one a listen.
Now listen to this.
By the way, he was also an electronic music pioneer.
Haha. That would be more interesting to sample.
I'm pretty sure this was colorized. I've heard the tune before, but not with lyrics. It's kinda creepy now.
Huh! So that's how it's done. It's almost embarrassing if it wasn't so darn cool.
Really, this whole post came about because I got a CD in the mail and I've been listening to it in the car. I honestly can't think of a better soundtrack for my life.