What the W

The M is Mound Road assembly plant.

The R is for Regular fuel recommended.

2887 is the final assembly date from the 10,000 day calendar - June 23, 1969.

On the passenger side down low is a flat pad, about 3" long. And letters / number stamped on it?

Based on all the hardware store bolts and nuts in the photo, this engine could have been put together with parts from all over?
The numbers on the flat pad on the side passanger bottom of the block is 94312549
Thanks for all the info.