McPherson's Pty Ltd
McPherson's Pty Ltd was an Australian hardware firm, for many years a leading merchant of woodworking and metal-working machinery.
Foundation
Thomas McPherson, who had a home "Dudley House" at 142 Dudley Street, West Melbourne, founded an ironmongery business in 1860, at 149 Spencer Street, Melbourne. Merchandise carried included bells, lathes, horseshoes, and steam engines. The business suffered a severe setback in the depression of the 1890s, but was able to honor all its debts and avoid insolvency. He was mayor of Melbourne 1870–1871. He was married to Jessie McPherson, née Fulton. Three sons survived childhood:- Hunter Kerwin McPherson was independently successful as a businessman in Sydney.
- Edward Clayhills McPherson He inherited his father's business along with his younger brother —
- William Murray McPherson inherited the business on the death of their father. He had a notable career in politics. He was treasurer of Victoria 1917–1923 and knighted in 1923. He was Premier of Victoria 1928–1929 and a noted philanthropist.
In 1908 the business was operating from premises at 582–588 Collins Street, Melbourne.
In 1913, having embarked on a career in politics, he restructured the business as a private company, McPherson's Pty Ltd.
Development
By 1917 the Collins Street premises was augmented by the addition of 554–566 Collins Street. Freehold on this property was finalized in 1946, also a property on Jeffcott Street, West Melbourne, by which time the company also had factories in Tottenham, Kensington and Richmond, Victoria.In 1937 the company purchased at Sunshine, adjacent the railway line.
By 1946 the company had controlling interests in several Australasian industries, including Ajax Bolt and Rivet Pty Ltd of New Zealand, F. W. Hercus Manufacturing Co. Ltd, manufacturers in South Australia of lathes, guillotines and other heavy machinery; also of Patience and Nicholson, manufacturers in Maryborough, Victoria, of twist drills and thread-forming tools; also Wiltshire Files on Sunshine Road, Tottenham, manufacturing files and rasps.
The catalogue
A key promotional tool for the company was its catalogue, extensively detailed with prices, available free of charge to farmers and other businesses. In 1908 it had 148 pages.By 1937 it had grown to 372 pages,
The 1960 catalogue, of which a copy is held by Museums Victoria, had 510 pages.
People
William Murray McPherson married Emily Jackson on 19 May 1892. Emily was a daughter of Sydney merchant William Marshall Jackson, managing director of Lassetter and Co. They had one son and two daughtersOliver James Addison was managing director of McPherson's from
In 1935 W. E. McPherson was governing director ; O. J. Addison, managing director; with M. T. W. Eady and K. C. Bainbridge, directors.
Expansion
New South Wales
In September 1913 Acme Machine Tool Company at 51–65 Bathurst Street, Sydney, became a branch of McPherson's Proprietary Limited.McPherson's claimed to have supplied, from their own manufacture, all five million rivets used in building the Sydney Harbour Bridge.
By 1946 the company also had a factory in Alexandria.
In 1935 O. W. Hastie was Sydney director.
South Australia
The company built a new store and showrooms on 102–130 Waymouth Street, Adelaide, having demolished a row of houses and part of Shannon's Horse Bazaar, previously known as Queen's Theatre.Western Australia
At first McPherson's product line was available to Perth customers through Burkett's AgenciesShowrooms and offices were at 532–534 Murray Street, Perth.
A factory which the company established at Bayswater for local manufacture of nuts and bolts proved uneconomical due to unavailability of cheap labour, and closed in 1940.
In 1935 A. T. Johnson was Perth director of the company.