Good work, Art.
The W sign is a sign that the whistle signal for a crossing should be started when passing that location. But the X, well, I cannot say for sure, because each railroad has its own standards for the size and shape and color of roadway signs, as well as the actual meaning of the signs they use.
Probably . . . the X indicates that the absolute signal protects the diamond crossing, and that the signal arrangement at the crossing is what's called an Automatic Interlocking.
Automatic Interlockings detect the approach of a train and then, if the conflicting route is clear, give a Proceed indication to the approaching train. If the conflicting route has a train in the circuit, then it will result in a Proceed indication for whichever train hit the track circuit first, and a Stop indication for the second train to enter the circuit, to prevent collision.
If a train is stopped by a signal at an Automatic Interlocking, a member of the crew must walk ahead to the crossing, and, if no conflicting movement is evident, must open a box on a relay case or signal mast. Inside the door of the box is a button to push for each railroad. The employee pushes the button for his railroad, and, if a conflicting movement is not approaching, sets all signals at Stop on both railroads, and then gives a Proceed indication to the employee's train after the expiration of five minutes, or whatever is the running time for a conflicting movement to have entered the approach circuit and to arrive at the crossing. If there is signal trouble, a green light inside the box will light up for the employee's railroad and a red light for the conflicting railroad. In that case, the train may pass the Absolute Signal displaying a red aspect at Restricted Speed to the next signal or to the opposing outer end of the Automatic Interlocking track circuit. Some interlockings also require lighted red fusees to be displayed on the conflicting route, but each Automatic Interlocking has its own specific instructions posted inside the door of the box.
It looks like the inferior route, the one with the aluminum painted signal mast, has the box mounted on its signal (for either railroad).