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From the American Horology Archive:
Elgin National Watch Co.

Grade: 344

Some variants spread to 16s case and dial.

Manufacturer: Elgin ?
Manufacturer Location: Elgin, Illinois ?
Movement Serial Number: 18680339 ?
Grade: 344 ?
Model: 2 ?
Class: 113 ?
Estimated Production Year: 1916 ?
Run Quantity: 1,000 ?
Grade/Model Run: 62 of 153 ?
Grade/Model Total Production: 164,700 ?
Size: 12s ?
Jewels: 17j ?
Jewel Material: Ruby & Sapphire ?
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: 9402.344G62.12S1233.122M635.H5646.P6670.17J1313 ?
Data Research: 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): +12.17% Analyzing 713 Sales ?