How does the narrator underscore the value of these " treasures of the household"?

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The phrase "treasures of the house" occurs in the last paragraph, so I am assuming that is what you are talking about.

I would say that the narrator underscores or emphasizes the value of the things that Jim and Della gave each other by putting them in the same paragraph with the wise men from the Bible.

In the Bible, the wise men brought very precious things -- gold, frankincense and myrrh.  By mentioning the wise men right along with Jim and Della, the narrator is (in my opinion) saying that the gifts Jim and Della gave were just as valuable as the gifts the wise men gave Jesus.

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