Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-12-31
PAPER AND STATIONERY
AvertIl, Russell e. Carpenter.

AUeTcCt, 1INSSeN q C0fDCnteT.
The origin of this firm was Cutter, Sc
oornbe & Co., and this was in 1854. In 1866,
Gen. Averill, who had just been mustered out
of the volunteer service, bought an interest
in the firm, adding his capital thereto. In
1868 Mr.. Cutters interest was purchased,
and the firm became Averill, Secombe & Co..
Hon. VIM. A. Russell, present member of
Congress from Massachusetts, and one of the
largest paper manufacturers in the United
tates, was induced to buy ian interest in
the business.
Before the entrance of Mr.. Russell the firm
was AYerill, Secombe & Co., but in 1871 Mr..
Secombe's interest was purchased, and the
firm became as it has remained ever since,
Averill, Russell & Carpenter. Gen. Averill,
the senior, is we'll known. 81. M. Carpen
tor has lived at st. Anthony since that place
was mere village. His business career has
been very successful one, and he now
stands partner in the largest stationery
and paper house west of New York.
The business has grown from small begin
ming until last year it amounted to 100000.
The mills of the concern are at MINNEAPOLIS
and have capacity of four tons daily. In
addition to the paper mill, they also have
one for making pulp, a commodity that en-
ters largely into the paper of to-day.
Their trade extends over minnesota, Iowa
and Wisconsin, and the company is we'll rep
resented in this territory by competent tray
cling men. The building they occupy is an
extensive one, 50x135. In addition to the
basement, four stories are necessary to &C.
commodate the large stock they are compell-
ed to carry.
st. Paul Book and Stationery Co,npany
In 1860 Mr.. D. D. Merrill started one of
the most pretentious book stores in the
young city of ST. Paul, and by energy and
strict attention to business soon made it the
headquarters for those in search of mental
pabulum. In 1875 Messrs. White, Stone &
Co.,; comprising Messrs. T. s. White, Lane
h. and INV. Stone, began business in the
same line. These two houses continued to
be rivals for something over three years, but
nearly a year ago they concluded that it
would be good policy "to pool their issues"
On the LIST of February last a consolidation
was formed under the name of the St. Paul
Book and Stationery Company, and all con-
neoted ct once set to work extending the
trade of the consolidated houses. The re-
suits have demonstrated the wisdom of the
action taken, for the sales of the house dur
ing the year closed have amounted to $780,
600, and the trade extends all over the States
of Minnesota, Iowa, Wisconsin and Ne
braska, and reaches out into the territories
of Dakota and Montana. Three statesmen
are kept constantly on the road. The bust
ness gives employment to about twenty-tiv
persons, and the stock comprises everything
imaginable in the book and stationery line.
Connected with, though independent of
the company, is the school-book business as
controlled by Mr.. Merrill. During the year
he has furnished to the schools in all parts
OF the State, no less than 100000 books un-
der his contract with the State, and on these
the people have saved one-h half the amount
heretofore expended by them for a like num-
Dor and quality of books. In both branches
of the business an increase of business is
confidently expected for 1880.