Railroad specs, with few exceptions, required FIVE position adjustments, in addition to heat/cold and isochronism, as well as the ability to run within 30 seconds/week. Calling it 'Railroad Grade' is pushing it, and in a way cheapens what 'Railroad Grade' really meant - a much mroe rigorous set of standards than most normal watches of the time could meet.
The other question would be where the extra 6 jewels (over the standard 17) are. RR standards requiring 19 jewel or higher refer to 17 standard jewels plus cap-jeweling the escape wheel, whereas most automatics have 17 jewels in the time train and 0 - 10 (or more) in the autowind works.
Like the old cigaret ad 'It's not how long you make it, it's how my make it long' - just replace 'long' with 'multijeweled'
(Sorry - I used to collect Railroad watches).
But as bourg01 says, it is a beauty! A beautiful piece, especially with the original bracelet! I love those leather/gold expansion bracelets from that era!