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Printing Telegraph Company History

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Printing Telegraph Company History
The New York and Mississippi Valley Printing Telegraph Company began in 1851 and formally changed its name to Western Union Telegram Company in 1856 when the eastern and western telegraph lines of the United States were united. The primary function of the Western Union Company was telecommunication and built the first transcontinental telegraph in 1861. Western Union was known for its telegrams and made money off of sending telegrams across the country. Western Union also introduced the first successful stock ticker created by Thomas Edison in 1869 and the company then introduced money transfer in 1871. In 1884, the company was listed on the Dow Jones Transportation Average, which is a U.S stock market index for the transportation sector.
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