“Hon “ what does it mean?

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Hello everyone ! does anyone know what the acronym punched in the powered of a universal geneve compax "hon" means?
 
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Ranfft lists HON as a US import code for UG.

I am by no means an expert but I think the codes relate to importers rather than manufacturers. The import code for Henri Stern was HOX, which I think is why you see HOX on some UG movements.

http://www.ranfft.de/uhr/info-uscode-e.html
Edited:
 
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I think this is the reason, it means they were made for the American market, thank you
 
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Hello,
Does anyone knows if an Universal sold in the USA in 1937 could be without the "Import code" UOW engraved on the movement ?
Thanks to all.