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values of $568 and $98, respectively, to account for Sunday
comics and significant events issues. With respect to the issues
from 1907 to 1916, Mr. Hughes determined a value of $50 per
annual run. He increased the value to $100 per annual run for
the years 1917 and 1918 due to news coverage of World War I. An
additional value of $690 was added to account for the significant
events issues. Mr. Hughes did not determine an additional value
for Sunday comics from newspapers for the years 1907 through
1918.18 Overall, Mr. Hughes valued the Los Angeles Examiner
newspapers at $3,613.
Finally, Mr. Hughes determined a value for the Chicago
Tribune newspapers. In valuing these annual runs from 1915
through 1951, he accounted for the facts that the newspapers
contained war coverage, the “gangster era” in Chicago, and that
there was more interest in individual issues for birthday and
anniversary purposes because Chicago was the largest city in the
Midwest. Mr. Hughes valued annual runs of the Chicago Tribune at
between $75 and $175. Mr. Hughes placed additional values of
$2,215 and $378, respectively, to account for Sunday comics and
significant events issues. Overall, Mr. Hughes valued the
Chicago Tribune newspapers at $7,866. Adding the three groups
18Conversely, Mr. Verb determined a value for Sunday comic
sections for the Los Angeles Examiner issues from 1907 through
1918. However, the description of the Los Angeles Examiner in
the first stipulation of facts does not contain a reference to
Sunday comics for the years 1907 to 1918.
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