July 3, 1884 the company's shares were included in the calculation base for the newly created stock index Dow Jones Transportation Average. In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. The Western Union Company is a leader in global payment services Another invention of Western Union - time synchronization. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services.
Western union sending money to Bulgaria
The Western Union Company is a leader in global payment services Another invention of Western Union - time synchronization. In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time.
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1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. Western Union made so that the time in all of American civil services was the same. In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company. In the 30's of the twentieth century, Western Union has become the world's largest telegraph company. The project of congressmen involved the construction of lines with the length of two thousand miles in 10 years. Western Union handled the government task within 112 days. The secret of Sibley was simple: he used the tactics of the "Western Union". In the 80's of Nineteenth century, Western Union was repeatedly tried capture by the railroad tycoon Jay Gould. He worked with Alexander Graham Bell, inventor of the first phone.