They sold booze for sure. Dad dug a cobalt cylinder whiskey form with those same initials years ago. Never did figure out who they were. The bottle is long since traded off for an ink
Reed, Carnrick & Edwards, NEW YORK!!! I think that was a VERY short-lived company name variation of "Reed and Carnrick" There is one clear bottle on etsy with that embossing. Looks similar to shoe polish bottles.