Manufactured in 1929, this carbine is fitted with a rare stainless steel barrel with Japanned black finish. These stainless steel barrels were very short lived and unpopular because the finish tended to wear off very easily. The left rear of the barrel is marked "-MODEL 94-WINCHESTER/-TRADEMARK-" and "-STAINLESS STEEL-" followed by "32 W.S.", the right rear is marked with the two-line address and the Winchester oval proof is marked on top of the barrel and receiver at the breech. The upper tang is marked "WINCHESTER/-TRADE MARK-/-MADE IN U.S.A.-" and the serial number is on the bottom of the receiver. Pinned blade front sight and folding ladder rear sight graduated to 200 yards. Full length magazine, saddle ring and stud on the left side of the receiver, blue remaining parts and mounted with a smooth walnut forearm and straight grip stock with a steel carbine buttplate. The factory letter states the serial number was applied on July 23, 1930.