Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008. In 1860 the U.S. Congress arranged among the telegraph companies a competition to create a national line. The winner was Western Union. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. In April 1851 companions registered in Albany New York and Mississippi Valley Printing Telegraph Company (NYMVPTC), which included founded two years before New York State Printing Telegraph Company. In October 2006 the company made an initial public offering of shares on the New York Stock Exchange, becoming independent from First Data company. In October 1871 the company has implemented the world's first telegraph money order. After a century money transfers have become a major source of income for Western Union. In 1933, by the Western Union Company were invented "singing telegrams". In 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online. Western Union for more than 130 years provides money transfer services to its customers.