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From the American Horology Archive:
Elgin National Watch Co.

Grade: 349

Manufacturer: Elgin ?
Manufacturer Location: Elgin, Illinois ?
Movement Serial Number: 13041197 ?
Grade: 349 ?
Variation: No. 349 ?
Model: 7 ?
Class: 65 ?
Estimated Production Year: 1908 ?
Run Quantity: 1,000 ?
Grade/Model Run: 19 of 27 ?
Grade/Model Total Production: 27,500 ?
Variant Est. Production: 23,500 (18S-M7-21J-ONL-U-NO. 349) ?
Size: 18s ?
Jewels: 21j ?
Jewel Material: Ruby & Sapphire ?
Jewel Setting: Gold Settings (Screw-Set) ?
Movement Configuration: Openface ?
Movement Finish: Nickel ?
Movement Inlay Color: Gilt ?
Movement Setting: Lever ?
Plate: Full Plate ?
Double Roller: Yes ?
Barrel: Going ?
Train: Quick ?
Regulator: Traveling Nut (Spring) ?
Hairspring: Breguet ?
Pallet Jewel Material: Sapphire ?
Standard Dial Type: Double-Sunk ?
Adjusted: Yes ?
Adjusted to Position: Yes ?
Adjusted # of Positions: 5 ?
Adjusted to Temperature: Yes ?
Adjusted to Isochronism: Yes ?
Railroad Grade: Yes ?
Case: Various ?
Run ID: 5849.349G10.18S2598.187M106.O1900.L1773.21J146 ?
Data Research: 1909 Elgin Serial List
1915 Elgin Serial List
1927/1950 Elgin Serial List
?
Database Version: v52.978 ?
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Registry Population: Scoped for This Run Only: 13 (1.30%) ?
$ Estimated Value (12 Month Change): +6.22% Analyzing 344 Sales ?