Source/reference: The Universal Dictionary of Foreign Business in Modern China, Sichuan People's Publishing House, 1995 (705-706)

上海九江路美商祥行. 1927年前后原美丰银行职员，众业公所会员，师煌祥行(Swan &. Co. •J. E.) 主人师煌。. E. Swan) 与柯达公司沪号原经理葛布生 (C.D. Culbertson) 合伙开办，经营中国政府外币债券及地方证券，西名 Swan, Culberton &. Co. "1929 年元旦美国五金公司驻沪代表骨弗里茨(Chester Fritz) 入伙，更百名为.. Swan , Culbertson &. Fritz" ，迁黄浦滩路沙逊大厦营业.香港及纽约、马尼拉、新加坡、布宜诺斯艾利斯设分号.嗣先后加入纽约棉花交易所、芝加哥谷物交易所、温尼伯谷物交易所、(纽约〉商品交易所有限公司、(蒙特利尔〉加拿大商品交易所有限公司、纽约咖啡糖业交易所，马尼拉证券交易所及香港股份公所为会员.经营国际股票、证券承销及证券、商品经纪业务，兼营投资及短期融资事.其后伙东屡易，华祥行名依旧. 1940 年代后期尚见于记载.往来银行为"花旗"及"大通飞.

Rough English translation

American business enterprise founded in Shanghai, Jiujiang Road. In 1927 , the original US HSBC Bank staff, public industry members, division Huang Xiang line (Swan &. Co. • J. E.) master Shi Huang. . E.Swan) co-founded with CD Culbertson, the former manager of Kodak's Shanghai company, operating the Chinese government's foreign currency bonds and local securities, West Wanwan, Culberton & Co. Co., Fritz (Chester Fritz) occupation, more than a hundred .. Swan, Culbertson & .Fritz ", moved to Huangpu Road Sassoon building business. Hong Kong and New York, Manila, Singapore, Buenos Aires set a semicolon. (New York> Commodity Exchange Co., Ltd., (Montreal) Canadian Commodity Exchange Co., Ltd., New York Caffeine Exchange, Manila Stock Exchange, the New York Mercantile Exchange, the Chicago Mercantile Exchange, the Chicago Mercantile Exchange, And the Hong Kong Stock Exchange as a member of the international stock, securities underwriting and securities, commodity brokerage business, concurrently engaged in investment and short-term financing, followed by the complex, Huaxiang line name remains the late 1940s are still recorded in. "Citi" and "Chase fly.