A paper beading apparatus, includes a hopper having a body defining a chamber for holding a quantity of joint compound, and having an open upper end, an upper rim, and a lower end; a lid pivotally secured to the body for movement between an open position and a closed position, wherein in the closed position, the lid engages the open upper rim, the lid having a releasably sealable air port; and a base configured for and accommodating the hopper lower end, for receiving joint compound, and for applying the joint compound to a corner paper bead.