In the Western Union in the 30s of the 20th century worked 14 thousand couriers delivering telegrams. 1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. 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 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. Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. Western Union made so that the time in all of American civil services was the same.