Attached below are my Heller "Masterench" examples of this type of wrench.
First thought: the markings sure make it seem like Heller owned the patents, despite the USPTO evidence showing that it was not originally assigned to them.
These are all from slightly different production eras.
They are all marked 'Masterench', and they all have a forged-in Heller horse logo, but two are marked Heller Brothers Co and Newark, N.J. and two are marked just Heller and MADE IN U.S.A., and the style and placement of the branding and the horse is different.
There are other distinctions.
The two wrenches at the top of the first group shot - a 10" and a 6" model, are marked (and doubtlessly made of) CHROME VANADIUM. They have a natural steel finish and the full company name and address as noted above.
The 6" CHROME VANADIUM wrench only has two patent dates on it, the 4-14-25 and the 7-5-27, implying it was made before the third patent (1929). (Or maybe they just ran out of space.) It has a 7/16" hex (6-point) box opening broached into the end of the handle.
The 10" CHROME VANADIUM wrench has all three patent dates on it, including the 11-12-29, and it also seems to be dated on the flip side ("7-11-41"). It has a 3/4" double-hex (12-point) box opening broached into the end of the handle.
The other two wrenches were found together and are almost certainly from the same production era, which is clearly later than the other two. They are less crudely forged, for one thing. Both are black japanned, both are marked simply 'Heller' (which is a stylized font) and 'PATENTED' (no actual dates). The two do have slightly different forge markings from each other. They both have eleven (11) forge dots, but the forge dots on the 6" wrench are in a pyramid pattern, and the forge dots on the 8" wrench are in lines. The only other tool I have ever seen with these kinds of forge marks (die number, mould number?) were IRWIN integral handle (colloquially, appropriated from H.D. Smith "perfect handle") screwdrivers, found on the through-shank under the wooden scales. Also wartime. The 6" wrench has a 5/16" square box end opening, and the 8" wrench has a 3/8" square box end opening. My hunch for these is wartime or maybe even late 40's or 50's, due to the finish, the lack of a CV composition branding, the COO marking, and the foregoing of the actual patent dates. But I don't know for sure.