This is a simple Letterbox Hybrid, that will use the basic cardinal directions to locate the cache. Sort of a beginners guide to directions.
The listed coordinates should lead you to the center of a large compass. The Northerly direction is clearly marked with a large N. When facing the N, the Easterly (E) direction will be to your right and the Westerly (W) direction will be to your left. What about the South (S) you ask? Well, don't look now, but it's right behind you.
Now, about the cache. It is located just a mere 50' away, in a North-Westerly (NW) direction. To find the NW direction, simply draw an imaginary line from the center of the compass, through a point exactly half way between the N and the W. Follow this imaginary line for 50' and there will be the cache. Once found, consider yourself a graduate from the class, ready for bigger and better things. The cache is a thermos, camo'ed to blend into the darkness. It contains a letterbox stamp (please do not take the stamp), a log and several other trinkets for trading.