Not to be confused with the British company RUSSELL AND COMPANY, M.A. 英商羅斯 (Yingshang luosi), located 169 Yuen Ming Yuen Road (1940-1941).
The American company owned several subsidiary companies and factories, among which two silk filatures in Shanghai: RUSSELL AND COMPANY'S SILK FILATURE (LI Hongkew) 裡虹口旗昌繅絲局 locaed East Hongkew Creek (1837-1891), RUSSELL AND COMPANY'S SILK FILATURE (Lao-za) 老閘旗昌繅絲局 located 49 North Soochow Road/North Soochow Creek (1883-1891).
Source/reference: The Universal Dictionary of Foreign Business in Modern China, Sichuan People's Publishing House, 1995 (742)
旗昌洋行 Russel & Co.
美商贸易行. 1818 年刺素(Samuel Russell) 创办于广州，俗称"老旗昌飞1824 年启用现名。经营鸦片及杂货贸易，兼营丝、茶出口业务，为中国最早的洋行之一。鸡片战争后，逐渐转以港行为中心，广州、上海、福州、汉口、天津、九江、镇江、宁波、台北诸埠先后设分号.业务范围迅速扩大， 1850年代即有资本银40 万两. 除进出口贸易外，相继开办有旗昌轮船公司 (Shanghai S. N. Co.)、旅昌丝厂(Kee Chong Silk Filature) 及铃旗昌机器烙茶厂等企业，并投资于汇丰银行、香港九龙码头及货仓有限公司，香港榄公司、天津气灯公司等，一度成为十九世纪美商在华最大的工贸集团。其后因营业不振，于1891 年清理结束，因营业不振，于1891 年清理结束，由职员铃休恩(R. Shewan) 及伙东普托姆斯(C. A. Tomes) 合伙接办，更西名为 "Shewan, Tomes &- Co. "，是为新旗昌洋行.伍崇耀、吴健彰曾附股于"旗昌"，林耀堂、何康玉、陈裕昌、顾丰盛、顾春池、顾寿桥、刘树滋、郑济东、钟其俊、吴秋筋、杨经德等尝充是行买办.
Rough translation
In 1818 Samuel Russell founded in Guangzhou, commonly known as "the old flag Changfei in 1824 to enable the current name. Operating opium and grocery trade, 兼营 silk, tea export business, one of China's earliest mundane. Operating opium and grocery trade, 兼营 silk, tea export business, one of China's earliest foreign firms. After the war, gradually transferred to Hong Kong behavior center, Guangzhou, Shanghai, Fuzhou, Hankou, Tianjin, Jiujiang, Zhenjiang, Ningbo, Taipei Zhubu has set a semicolon. Business expanded rapidly. In 1850, there are capital of 40 million two. In addition to import and export trade, there are enterprises such as Shanghai SN Co., Kee Chong Silk Filature and Bell Changchang Machine Factory, and invested in HSBC, Hong Kong Kowloon Wharf And Warehouse Co., Ltd., Hong Kong Lam company, Tianjin gas company, was once the nineteenth century American business in China's largest trade and industry group. Since then, due to business slump, in 1891 clean up the end, due to business slump, Was held in 1891 by the staff of R. Shewan and CA Tomes, and was named "Shewan, Tomes & - Co." Wu Xunzhang, Wu Jingzhang, who has been attached to the "Zhichang", Lin Yaotang, He Kangyu, Chen Yuchang, Gu Fengsheng, Gu Chunchi, Gu Shouqiao, Liu Shizi, Zheng Jidong, Zhong Qijun, Wu Qiujiang, Yang Jingde and so on.
| 
