Walter Reid & Co

Walter Reid & Co was a retail business based in Rockhampton, Queensland, Australia.

Walter Reid, merchant of Rockhampton
William Henry Rudd, general manager of Walter Reid & Co Ltd, Rockhampton, 1895
Walter Reid warehouse (now Walter Reid Court), 1894

History

Walter Reid settled in Rockhampton in 1862 to manage a southern-owned retail store in East Street which he subsequently bought in 1864, establishing Walter Reid & Co. He moved from his shop to new premises situated in Quay Street in 1868. It was in these new premises where Reid began to specialise as a wholesaler, trading in wine, spirits and general merchandise, supplying the hotels and stations in central Western Queensland.[1] Since Rockhampton had been declared an official port in 1858, it had acted as the major transport and trade centre of central Queensland making it a prosperous city in which wholesale merchants like Reid could base their business.[2]

Walter Reid's business prospered in the expanding colonial economy. With the establishment, in 1867, of the Central Western railway line which linked Rockhampton with the central western Queensland towns, Rockhampton's position as the most important port in the region was sealed. Reid diversified his interests, and ran lighters down the Fitzroy River to Keppel Bay where larger overseas ships unloaded their cargoes.[1] The firm acted as a local agent for British-based companies and it was through this business connection that the British company McIlwraith & McEachearn bought Reid out in 1881.[2]

The new owners continued to operate the business under the name of Walter Reid & Co. and during the 1880s the turnover was in the vicinity of £50,000 per annum. The firm acted as general merchants distributing groceries, ales, domestic and builders' hardware, farm produce, "fancy" goods, rural products, drugs, stationery, confectionery, and cigarettes. It also acted as importers and exporters, bondkeepers, storekeepers, produce dealers, shipowners, insurance, stock and station agents, financial agents and general commission agents.[2]

The business was taken over by Ariadne in 1986.[3]

Notable buildings

A number of buildings of Walter Reid & Co are now heritage listed, including:

References
  1. McDonald, Lorna L. Reid, Walter Ballantyne (1834–1911). Canberra: National Centre of Biography, Australian National University.
  2. "Walter Reid Court (entry 600815)". Queensland Heritage Register. Queensland Heritage Council. Retrieved 1 August 2014.
  3. "Records: Walter Reid & Co 1888-1986" (PDF). Central Queensland University. Retrieved 20 December 2015.
  4. "Walter Reid Court (entry 600815)". Queensland Heritage Register. Queensland Heritage Council. Retrieved 12 July 2013.
  5. "Walter Reid Community Arts Centre (entry 600791)". Queensland Heritage Register. Queensland Heritage Council. Retrieved 12 July 2013.
  6. "Walter Reid Building facade". Brisbane Heritage Register. Brisbane City Council. Retrieved 20 December 2015.

Attribution

This Wikipedia article incorporates text from "The Queensland heritage register" published by the State of Queensland under CC-BY 3.0 AU licence (accessed on 7 July 2014, archived on 8 October 2014).

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