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From the American Horology Archive:
Elgin National Watch Co.

Grade: 293

Manufacturer: Elgin ?
Manufacturer Location: Elgin, Illinois ?
Movement Serial Number: 41287607 ?
Grade: 293 ?
Model: 7 ?
Class: 110 ?
Estimated Production Year: 1943 ?
Run Quantity: 14,000 ?
Grade/Model Run: 258 of 258 ?
Grade/Model Total Production: 718,000 ?
Size: 16s ?
Jewels: 7j ?
Movement Configuration: Openface ?
Movement Finish: Gilt ?
Movement Setting: Pendant ?
Plate: 3/4 Plate ?
Barrel: Going ?
Train: Quick ?
Regulator: Plain ?
Adjusted: No ?
Railroad Grade: No ?
Case: Various ?
Run ID: 14983.293G258.16S3806.167M1564.O6868.P11839.7J6358 ?
Data Research: 1927/1950 Elgin Serial List ?
Database Version: v52.978 ?
Advanced Metrics
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Registry Population: Scoped for This Run Only: 16 (0.11%) ?
$ Estimated Value (12 Month Change): +10.14% Analyzing 1,326 Sales ?
Research Note: Elgin Serial Lists designate this run as Grade 291 (16s, 7j, Nickel). However, several reports indicate some of all of this run features gilt plates instead of nickel (Grade 293).