In 1935, Western Union has put into operation first intercity fax communication. Another invention of Western Union - time synchronization. By 1861 Western Union telegraph lines entangled the whole America. It's time to explore Europe. The Western Union Company is a financial services and communications company based in the United States. In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company. On the market was placed about 765 million of ordinary shares of the company. On the first day trading on the exchange the company's shares rose by 3.3% and the cost was $ 19.96.