Albert C. Loring Diary and Other Material
Description of Contents
- 1876 - 1932
- Loring, Albert (Person)
In 1876 he traveled east across the U.S. and decided to attend a preparatory school in West Newton Massachusetts. He returned to Minneapolis in 1877 to attend the University of Minnesota and was one of the first students to receive an education there. Furthermore, he also received his first job in the milling industry during this period. He became the secretary-treasurer of the Minnetonka Milling company which his father owned. In 1883, Loring and married his second wife Adelaide Maria Ingalls.
This would begin his long career in the milling business. In addition to working for Minnetonka Milling, he also helped organize Galaxy Milling as well. Here too he held the position of secretary-treasurer, and later would become its president. In addition, he was involved in the day to day operations of the mills as well. He was instrumental in moving to more modern milling practices including the use of steel rollers, better strains of wheat, and the use of chemistry to improve flour quality.
In 1893 the mills that Loring worked at were combined into the Northwestern Consolidated Milling Company. At the time of its formation he was made Vice-President, and by 1900 he was made its president. Here he continued his tradition of fairness and quality, and worked to bring milling into the modern era.
In 1908 he received the Presidency of the Pillsbury, and set to work trying to improve their operations. He was very successful, and was responsible for implementing new quality standards as well as implementing many improvements. His work resulted in more than doubling the output of the mills under his control. Furthermore, he was able to negotiate the return of British owned properties in 1923. This brought the operation back under full domestic control for the first time since 1891.
In addition to his work as a miller Loring had other interests as well. He was a director of the Great Northern railway, and made frequent trips along the lines with the members of its board. Also he worked as a banker, and was a director of the First National Bank, the First Minneapolis Trust Company, and the First Bank Stock Corporation. He also kept a hobby farm where he raised cattle, and had one of the most advanced dairy operations in the country. Furthermore, he was also involved in the early business operations of the city of Minneapolis. He helped to form the Minneapolis chamber of commerce, as well as the first Minneapolis board of trade.
Loring died in 1932 after a three day battle with pneumonia. He was survived by his third wife, Mary Shenehon, whom he married in 1925 as well as his children and grandchildren.
0.21 Linear Feet (1 box)
Language of Materials
- Agricultural implements. Subject Source: Library of Congress Subject Headings
- Agricultural machinery industry. Subject Source: Library of Congress Subject Headings
- Minneapolis (Minn.) -- History Subject Source: Library of Congress Subject Headings
- Parks -- Minnesota -- Minneapolis Subject Source: Library of Congress Subject Headings
- Railroads Subject Source: Library of Congress Subject Headings
- Albert C. Loring Diary and Other Material
- Benjamin C. Skinner
- January 2012
- Description rules
- Describing Archives: A Content Standard
- Language of description
- Script of description
Part of the Hennepin County Library Special Collections Repository
Minneapolis Central Library
300 Nicollet Mall
Minneapolis MN 55401 U.S.A.