Russell & Co Announce Formation – April 1824

At the end of April 1824 Samuel Russell and Philip Ammidon announced to the readers of the New York Evening Post that they had founded their business at Canton dealing in silks, tea and opium. By the 1840s they had risen to be the largest American trading Hong in Canton. Russell himself withdrew from the company and returned to America in 1836. The firm finally folded in 1891.