UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

FORM 10-Q

[ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended October 1, 2000

OR

[   ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ________ to ________

Commission file number 1-1097

THE STANDARD REGISTER COMPANY

(Exact name of Registrant as specified in its charter)

|OHIO                                     | 31-0455440         
|---------------------------------------- | -------------------
|(State or other jurisdiction of          | (I.R.S. Employer   
|incorporation or organization)           | Identification No.)
|                                         |                    
|600 ALBANY STREET, DAYTON OHIO           | 45408              
|(Address of principal executive offices) | (Zip Code)         
|                                         |                    

|(937) 221-1000                                      
|----------------------------------------------------
|(Registrant's telephone number, including area code)

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13
or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter
period that the Registrant was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.  Yes  X     No

Indicate the number of shares outstanding of the each of the issuer's classes of common stock, as of the
latest practicable date.

|Class

------------------------------------------ |  | Outstanding as of October 31, 2000

--------------------------------------------
|------------------------------------------------- |  | --------------------------------------------------------------------------------
|Common stock, $1.00 par value                     |  | 22,666,760 shares                                                               
|Class A stock, $1.00 par value                    |  | 4,725,000 shares                                                                

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THE STANDARD REGISTER COMPANY

FORM 10-Q

For the Quarter Ended October 1, 2000

INDEX

|                               | Page
|------------------------------ | ----
|Part I - Financial Information |     

| |                              | 
| | ---------------------------- | 
| | Item 1. Financial Statements | 

| |  |    |                                                                 |    
| |  | -- | --------------------------------------------------------------- | ---
| |  | a) | Statement of Income                                             |    
| |  |    | for the 13 Weeks Ended October 1, 2000 and  October 3, 1999 and |    
| |  |    | for the 39 Weeks Ended October 1, 2000 and October 3, 1999      | 4  
| |  |    |                                                                 |    
| |  | b) | Balance Sheet                                                   |    
| |  |    | as of October 1, 2000 and January 2, 2000                       | 5-6
| |  |    |                                                                 |    
| |  | c) | Statement of Cash Flows                                         |    
| |  |    | for the 39 Weeks Ended October 1, 2000 and October 3, 1999      | 7  
| |  |    |                                                                 |    
| |  | d) | Note to Financial Statements                                    | 8  
| |  |    |                                                                 |    

| | Item 2. Management's Discussion and Analysis of Financial Condition | 
| | ------------------------------------------------------------------- | 

| |  |  | and Results of Operations | 8-11
| |  |  | ------------------------- | ----
| |  |  |                           |     

| | Item 3. Quantitative and Qualitative Disclosure About Market Risk | 11
| | ----------------------------------------------------------------- | --

| |  |  |  | 
| |  |  |  | 
| |  |  |  | 

|Part II - Other Information | 
|--------------------------- | 

| |  |  |  | 
| |  |  |  | 

| | Item 1. Legal Proceedings                                   | 11
| | ----------------------------------------------------------- | --
| |                                                             |   
| | Item 2. Changes in Securities and Use of  Proceeds          | 11
| |                                                             |   
| | Item 3. Defaults upon Senior Securities                     | 11
| |                                                             |   
| | Item 4. Submission of Matters to a Vote of Security Holders | 12
| |                                                             |   
| | Item 5. Other Information                                   | 12
| |                                                             |   
| | Item 6. Exhibits and Reports on Form 8-K                    | 12
| |                                                             |   

|Signature | 13
|--------- | --

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THE STANDARD REGISTER COMPANY

FORM 10-Q

For the Quarter Ended October 1, 2000

PART I - FINANCIAL INFORMATION

ITEM 1. - FINANCIAL STATEMENTS

The financial statements of the Registrant included herein have been prepared without audit, pursuant to
the rules and regulations of the Securities and Exchange Commission.  Although certain information
normally included in financial statements prepared in accordance with generally accepted accounting
principles has been condensed or omitted, the Registrant believes that the disclosures are adequate to
make the information presented not misleading.  It is suggested that these financial statements are read in
conjunction with the financial statements and notes thereto included in the Annual Report on Form 10-K
of the Registrant for the year ended January 2, 2000.

The financial statements included herein reflect all adjustments (consisting only of normal recurring
accruals) which, in the opinion of management, are necessary to present a fair statement of the results for
the interim periods.  The results for interim periods are not necessarily indicative of trends or of results to
be expected for a full year.

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|THE STANDARD REGISTER COMPANY                   
|------------------------------------------------
|STATEMENT OF INCOME                             
|(Dollars in thousands, except per share amounts)
|                                                
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|TOTAL REVENUE                                   
|COSTS AND EXPENSES                              
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|INCOME BEFORE INCOME TAXES                      
|Income taxes                                    
|Income from continuing operation                
|Discontinued operations:                        
|Current year (loss), net of tax benefit         
|Gain on disposal, net of tax                    
|NET INCOME                                      
|Average number of shares outstanding - basic    
|Average number of shares outstanding - diluted  
|                                                
|EARNINGS PER SHARE DATA - BASIC:                
|                                                
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|EARNINGS PER SHARE DATA - DILUTED:              
|                                                
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|                                                
|                                                
|Dividends paid per share                        
|                                                
|See note to financial statements.               

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|THE STANDARD REGISTER COMPANY    
|---------------------------------
|BALANCE SHEET                    
|(Dollars in thousands)           
|                                 
|                                 
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|A S S E T S                      
|CURRENT ASSETS                   
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|PLANT AND EQUIPMENT              
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|OTHER ASSETS                     
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|                                 
|See note to financial statements.

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|THE STANDARD REGISTER COMPANY       
|------------------------------------
|BALANCE SHEET                       
|(Dollars in thousands)              
|                                    
|                                    
|LIABILITIES AND SHAREHOLDERS' EQUITY
|CURRENT LIABILITIES                 
|                                    
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|LONG-TERM LIABILITIES               
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|SHAREHOLDERS' EQUITY                
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|See note to financial statements.   

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|THE STANDARD REGISTER COMPANY                                       
|--------------------------------------------------------------------
|STATEMENT OF CASH FLOWS                                             
|(Dollars in thousands)                                              
|                                                                    
|                                                                    
|                                                                    
|                                                                    
|CASH FLOWS FROM OPERATING ACTIVITIES                                
|                                                                    
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|CASH FLOWS FROM INVESTING ACTIVITIES                                
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|CASH FLOWS FROM FINANCING ACTIVITIES                                
|                                                                    
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|                                                                    
|NET INCREASE IN CASH AND                                            
|                                                                    
|                                                                    
|CASH AND CASH EQUIVALENTS, ENDING

See note to financial statements.

THE STANDARD REGISTER COMPANY

FORM 10-Q

For the Quarter Ended October 1, 2000

d) NOTE TO FINANCIAL STATEMENTS

New Accounting Standards

In December 1999, the Securities and Exchange Commission issued Staff Accounting Bulletin (SAB) No.
101, "Revenue Recognition in Financial Statements", which provides guidance on applying generally
accepted accounting principles for recognizing revenue.  SAB No. 101, as amended, will become effective
for the Company in the fourth quarter of fiscal year 2000.  The Company is reviewing the impact of SAB
No. 101 and does not believe that its adoption will have a material effect on its financial statements.

Statement of Financial Accounting Standards (SFAS) No. 133, "Accounting for Derivative Instruments
and Hedging Activities", requires companies to record derivatives on the balance sheet as assets and
liabilities, measured at fair value.  Gains or losses resulting from changes in fair value are required to be
recognized in current earnings unless specific hedging criteria are met.  SFAS No. 133, as amended, will
become effective for the Company beginning in the first quarter of fiscal year 2001.  Due to the
Company's limited use of derivatives, the impact is not expected to be material.

|ITEM 2. | MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL

CONDITION AND RESULTS FROM OPERATIONS
|------- | ----------------------------------------------------------------------------------------
|        |                                                                                         

Subsequent Significant Events

On October 6, 2000, the Company announced the closing of its Dayton, Ohio business forms printing
plant as part of a broad effort to align production with shifting demand for traditional forms products.
One-time cash closing costs are estimated at $4 million; savings are expected to be $3.7 million annually.
An additional non-cash charge of $3 million for capital assets and inventory writedowns is also
anticipated.  These restructuring charges will be recorded in the fourth quarter 2000 results.

Results of Operations

Net income for the third quarter ended October 1, 2000 was $8.4 million or $.31 per diluted share,
compared to net income of $14.9 million and $.53 per diluted share for the third quarter 1999.

Net income through nine months ended October 1, 2000 was $16.8 million or $.62 per diluted share,
compared to net income of $57.8 million and $2.03 per diluted share for the same period in 1999.

Excluding the restructuring charge taken in the first quarter of this year, net income from continuing
operations for the nine months ended October 1, 2000 was $27.3 million, or $1.00 per diluted share.  This
result is compared to $43.4 million, or $1.53 per diluted share for the same period last year, which
excludes the discontinued Communicolor operations.

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|THE STANDARD REGISTER COMPANY

FORM 10-Q

For the Quarter Ended October 1, 2000
|-------------------------------------------------------------------------------
|$ Millions - Net Income                                                        
|                                                                               
|Continuing Operations                                                          
|                                                                               
|Restructuring (net of tax)                                                     
|Continuing Operations                                                          
|Discontinued Operations                                                        
|                                                                               
|Total Reported                                                                 

The primary factor responsible for the $6.5 million reduction in net income from continuing operations
for the quarter was lower revenue in traditional business forms and related services.  The effect of the
lower revenue was mitigated by growth in nontraditional product categories, such as Imaging Services,
lower LIFO charges than in the third quarter 1999, and lower selling, administrative and R&D expense as
outlined later.

Revenue from continuing operations for the third quarter was $303.9 million, 6.8% below the $325.9
million reported for the third quarter 1999.  Revenue by product is summarized below with a comparison
to the prior year.

|$ Millions             
|-----------------------
|                       
|                       
|Traditional business   
|                       
|Stanfast               
|Labels                 
|Equipment and supplies 
|Imaging services       
|Commercial printing    
|Interest income & other
|                       

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THE STANDARD REGISTER COMPANY

FORM 10-Q

For the Quarter Ended October 1, 2000

Sales of traditional business forms and related services, representing about 50% of total revenue, were
down 14% and 11% for the quarter and year-to-date periods, respectively.  The factors that underlie the
decline of traditional forms include the residual effect of sales attrition related to the Uarco acquisition,
the impact of technology on selected product segments, and a reduction in volume from Novation as
outlined in the third quarter 1999 report.

Non-traditional printed products and services, which now account for approximately 41% of Standard
Register revenue, include [Stanfast] print on demand, pressure sensitive labels, [Imaging Services] print
outsourcing and fulfillment, and commercial printing.  Revenue from these non-traditional print product
categories, taken as a whole, was up 4% and 7% for the quarter and year-to-date, respectively.  Sales of
equipment and supplies were lower in both the quarter and year-to-date periods, reflecting a shifting
product mix with longer sales cycles and a prior year aided by Y2K related sales.

The reported gross margin from continuing operations increased from 38.1% of revenue in the third
quarter 1999 to 38.9% in the current quarter. The increase in gross margin percentage is primarily
attributed to a lower LIFO charge and the effects of plant closings initiated in the first quarter of the year.
These favorable factors more than offset the unfavorable margin effect of lower revenue.

Management expects paper costs to rise modestly during the fourth quarter of 2000 based on  announced
increases.  Historically, the Company has been able to recover most, if not all, of increases in paper costs
and expects to continue to do so over the foreseeable future.  An increase in paper prices would likely
produce a modest fourth quarter LIFO charge.

Total selling, administrative, and R&D expenses were $.7 million higher than the third quarter of 1999.
Two expense items were noteworthy in the quarterly comparison: a $1.8 million increase in spending on
the new Smartworks.com venture and $1.3 million in consulting expense related to the strategy work that
is underway.  Excluding these two items, total expense was down $2.4 million, reflecting cost
containment initiatives and lower revenue.

During the quarter, the Company decided to cease work on emPOWER, an enterprise wide application
software initiative,  The Company has successfully deployed human resources and financial modules and
has significantly upgraded its technical infrastructure.  Work on accounts receivable and data warehouse
applications currently underway will be completed.  The Company will tailor any future system
investments to specific operating unit needs justified by future business plans.  To date, approximately
$24 million has been spent on the initiative and the remaining expenditures will bring the total to
significantly less than the preliminary $52 million budget.

A strategic planning process is underway consisting of an extensive effort involving five teams that are
analyzing the Company's markets, competitors, and strengths in the new economy era.  The Company's
board is involved in the process and is scheduled to conclude its review of management's
recommendations in January 2001.  Management expects to communicate an approved plan to employees,
shareholders, customers and suppliers early in 2001.  This process is expected to result in two separate
nonrecurring charges to income which may be material, but which cannot be estimated at this time.  The
first charge will occur in the fourth quarter 2000 as a result of an extensive review currently underway of
goodwill and other asset accounts.  The second will be a restructuring charge in the first quarter of 2001
related to the implementation of the new business strategy.

-10-

THE STANDARD REGISTER COMPANY

FORM 10-Q

For the Quarter Ended October 1, 2000

Outlook

The Company anticipated its second-half 2000 operating earnings performance before restructuring and
other non-operating charges to be similar to the first half of the year and below the prior year result.  That
continues to be the expectation as we enter the fourth quarter.

Liquidity and Capital Resources

The balance of Cash, Cash Equivalents, and Short-term Investments increased $8 million during the
quarter to $61 million.  Long-term debt remained at $203 million.  Netting the $61 million of cash against
total long-term debt of $203 million produces a "net debt" to "total net capital" ratio of 20.6%.

Capital expenditures were $ 13.0 million for the quarter.  The current outlook for the year calls for capital
spending in the $70 million to $75 million range.

The Company believes that its financial condition continues to be very strong and that the combination of
internally generated funds, existing cash reserves, and $100 million of available credit under the revolving
credit agreement will be sufficient to finance its operations over the next year.

Forward-Looking Statements

This report includes forward-looking statements covered by the safe harbor provisions of The Private
Securities Litigation Reform Act of 1995.  These statements involve important assumptions, risks,
uncertainties and other factors that could cause the Company's actual results for fiscal year 2000 and
beyond to differ materially from those expressed in such forward-looking statements.  Factors that could
cause materially different results include product demand and market acceptance, the frequency and
magnitude of raw material price changes, the effect of economic conditions, competitive activities, and
other risks described in the Company's filings with The Securities and Exchange Commission.

ITEM 3.  QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK

There have been no material changes in market risk since the year ended January 2, 2000.

PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

There have been no material legal proceedings within the reporting period that the Company has been
involved with beyond those conducted in a normal course of business.

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS

None.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

None

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THE STANDARD REGISTER COMPANY

FORM 10-Q

For the Quarter Ended October 1, 2000

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None

ITEM 5.  OTHER INFORMATION

None.

ITEM 6 - EXHIBITS AND REPORTS ON FORM 8K

|a) | Exhibits pursuant to Item 601 of Regulation S-K   
|-- | --------------------------------------------------
|   | Exhibit 27                                        
|b) | Reports on Form 8K                                
|   | Form 8K was not filed within the reporting period.

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THE STANDARD REGISTER COMPANY

FORM 10-Q

For the Quarter Ended October 1, 2000

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this
report to be signed on behalf by the undersigned thereunto duly authorized.

November 13, 2000

|/S/ C. J. Brown | By C. J. Brown, Sr. Vice President-Administration, Treasurer                                         
|--------------- | -----------------------------------------------------------------------------------------------------
|                | and Chief Financial Officer

(Chief Accounting Officer and Duly Authorized Officer of the
Registrant)

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