While identification, if any, is the discretion of the panel, research of the subject watch indicates this a nationally advertised Kay Jewelry Co “Exclusive” represented in their ads as “made only for Kay’s by Bulova” and illustrated in two attached sample newspaper ads. The 1940 Alden appears identical to the subject watch with exception of the vertical etching on the bezel. There are two examples of the 1940 Alden in this database: http://www.mybulova.com/watches/1940-alden-2131 and http://www.mybulova.com/watches/1940-alden-1673.
I do not know the significance of the dash preceding the six digits of the serial number.
The history of the subject watch is unknown. The watch case and attached expansion band had a very heavy buildup of material making effort to separate the case back and case and then the movement difficult. The watch did not run and could not be wound. The hands appeared to move properly. The watch is pending professional service and repair.
Case measurement: 24.92mm (without crown) x 32.05mm / 37.98 (lug to lug), Lug width: 17mm; measurements with digital caliper.