I'm sure you're right Robert.
Reeds used to be distributers of Folkways Records in NZ in the mid 1950s, as well as Kiwi records. One of the oldest ones listed on Discogs.com was dated 1957, a tutorial on how to play cornet. They produced several 7inch records of Folk Dances for use in schools and I'm sure that's what our music teacher was using in 1959. Another early record was 'Sings Harry', a song cycle by Douglas Lilburn.
Their 'shop' was like a warehouse - books stacked up all around the room which was on the 8th floor of a big old building on the corner of Wakefield and Taranaki streets, To get there you had to either walk up 7 flights of stairs or trust their old cage-like lift that went slowly up to the top - a very scary experience because you could see every floor through the bars of the cage as you went. I first bought the Folkways 'Pete Seeger's Guitar Guide' from there in 1963 and also many of the Folkways 10 inch records of children's songs. At the time they were about the only place in Wellington that sold American Folk music records until a few years later when Vanguard started appearing in regular music shops.
Robyn