Kryptonite, my guess is the Winchester Modol 1894's you're describing are similar to the one pictured above. These would be considered a Production Carbine model manufactured from about 1940-1964. They would have a 20" round barrel & full length tubular magazine with blued finish. A plain forearm and straight grip buttstock. And no saddle ring on the receiver.
The following values appear in the
Blue Book of Gun Values Twenty-Second Edition, by S.P. Fjestad:
100% - $395
98% - $375
95% - $350
90% - $325
80% - $300
70% - $275
60% - $250
50% - $220
Of all the pre-'64 versions of the Model 1894 this is one of the most common which is probably why values are relatively low. Hope this helps!
Steve Mace