Story: "The Phantom of the Fair Act One" (24 Pages)

Credits: Matt Wagner and Stephen T. Seagle (plot, script); Guy Davis (pencils, inks); David Hornung (colors); John Costanza (letters); Karen Berger (edits)

Feature Character: Sandman I

Supporting Characters: Dian Belmont, Tony Burke, Hubert Klein (last in issue #34), Robert Li (last in issue #26)

Villain: Phantom of the Fair (Gerald Zimmerman; first appearance)

Other Characters: Fiorello Henry La Guardia (first DCU appearance?; the mayor of New York), Winthrop Aldrich (first DCU appearance; chairman of the board of Chase Manhattan Bank), Grover Whalen (first DCU appearance; President of the Fair Corporation), Floyd Carlisle (first DCU appearance; chairman of the board of the Consolidated Edison Company), Gary, Julie (first appearance; a tour guide at the international section of the New York World Fair), Ling (first appearance; a close friend of Robert Li), Josh (first appearance; an assistant of Grover Whalen), Johnny Skully (first appearance; a 17-years-old gay boy; deceased), Richie Stover (first appearance; a gay boy; dies)