“Country merchants will find at 81 State-street, a large assortment of Paper Hangings, School Books, and Letter and Cap Paper, at New-York prices.”
We can only presume that by advertising to country merchants, Bolles was at least re-selling, if not actually wholesaling, the stock of items he was offering, presumably to general stores that dotted the region. Paper hangings are wallpaper; “cap paper” probably refers to foolscap (so named for its original watermark), or perhaps flat cap or legal cap. All were varieties of coarse paper.
His shop was at 81 State Street, but his residence, at least in 1860 (when he was listed as supplying books and stationery), was at 77 State Street; not clear whether that could have been the same or just an immediately adjacent building. Later, in 1864, he was boarding at 10 Liberty Street. Bolles was born March 23, 1819, in Connecticut. He was the son of a printer in Hartford.