Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008. One of the common kinds of money transfer is a transfer via the international system of Western Union. In 1991, Western Union has sold some low-profit division of the company AT & T, GM Hughes Electronics, and to some others. In the same year the company changed its name to New Valley Corp. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network. Western Union made so that the time in all of American civil services was the same. Western Union for more than 130 years provides money transfer services to its customers.