In 1935, Western Union has put into operation first intercity fax communication. July 3, 1884 the company's shares were included in the calculation base for the newly created stock index Dow Jones Transportation Average. 1970 - a new service called In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company. Sibley, the founder of Western Union, did not build a new telegraph lines, and persuaded the other players to join. American Telegraph Company, however, still had to buy it.