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From the American Horology Archive:
Elgin National Watch Co.

Grade: 314

Some variants spread to 16s case and dial.

Manufacturer: Elgin ?
Manufacturer Location: Elgin, Illinois ?
Movement Serial Number: 16923991 ?
Grade: 314 ?
Model: 2 ?
Class: 113 ?
Estimated Production Year: 1912 ?
Run Quantity: 1,000 ?
Grade/Model Run: 88 of 235 ?
Grade/Model Total Production: 323,000 ?
Size: 12s ?
Jewels: 15j ?
Jewel Setting: Screw-Set ?
Movement Configuration: Hunting ?
Movement Finish: Nickel ?
Movement Setting: Pendant ?
Plate: 3/4 Plate ?
Double Roller: Yes ?
Barrel: Going ?
Balance Type: Expansion ?
Train: Quick ?
Regulator: Moseley ?
Hairspring: Breguet ?
Standard Dial Type: Single-Sunk ?
Adjusted: No ?
Railroad Grade: No ?
Case: Various ?
Run ID: 8229.314G88.12S963.122M504.H5077.P5539.15J2379 ?
Data Research: 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: 7 (0.70%) ?
$ Estimated Value (12 Month Change): +4.39% Analyzing 1,259 Sales ?