In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. In 1864, fearing the laying of long underwater lines, Western Union offered to carry out laying of telegraph lines to Europe through the Russian Alaska under the narrow Bering Strait and then to Siberia with branching in the major cities of Europe. The Western Union Company is a leader in global payment services 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 the 1910-1920 years. Western Union is actively engaged in researching, innovating in the field of data transmission.