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From the American Horology Archive:
Elgin National Watch Co.

Grade: 280

Mixed Variations:" B.W. Raymond" and "No. 280" Verified in Run

Manufacturer: Elgin ?
Manufacturer Location: Elgin, Illinois ?
Movement Serial Number: 10855021 ?
Grade: 280 ?
Variation: Mixed ?
Model: 9 ?
Class: 102 ?
Estimated Production Year: 1904 ?
Run Quantity: 1,000 ?
Grade/Model Run: 5 of 5 ?
Grade/Model Total Production: 8,000 ?
Variant Est. Production: 1,000 (16S-M9-17J-ONL-U-MIXED) ?
Size: 16s ?
Jewels: 17j ?
Jewel Material: Ruby ?
Jewel Setting: Gold Settings (Screw-Set) ?
Movement Configuration: Openface ?
Movement Finish: Nickel ?
Movement Signing Style: Serif (Decorative) ?
Movement Inlay Color: Gilt ?
Movement Setting: Lever ?
Plate: Bridge Plate ?
Bridge Type: 3-Finger ?
Barrel: Going ?
Train: Quick ?
Train Material: Brass ?
Center Wheel Material: Gold ?
Regulator: Moseley ?
Hairspring: Breguet ?
Adjusted: Yes ?
Adjusted to Position: Yes ?
Adjusted # of Positions: 5 ?
Adjusted to Temperature: Yes ?
Adjusted to Isochronism: Yes ?
Railroad Grade: Yes ?
Movement Markings: Elgin Nat'l. Watch Co. U.S.A. No. 280 [or B.W. Raymond] 17 Jewels Safety Pinion Adjusted ?
Case: Various ?
Run ID: 4559.280G5.16S919.169M11.O1374.L1565.17J455 ?
Data Research: 1904 Elgin Serial List
1915 Elgin Serial List
1927/1950 Elgin Serial List
?
Database Version: v52.978 ?
Advanced Metrics
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Registry Population: Scoped for This Run Only: 8 (0.80%) ?
$ Estimated Value (12 Month Change): +1.81% Analyzing 84 Sales ?
Research Note: Mixed Variations in Run. #10855474 Verified as Marked "B.W. Raymond." #10855021 Marked as "No. 280."