Big Business and The West Timeline By: Leah and Hannah

By 20215099

  • First oil well is drilled in Pennsylvania

    First oil well is drilled in Pennsylvania
    The Seneca Oil Company started drilling a piece of leased land south of Titusville, Pennsylvania. George Bissell and Edwin L. Drake made the first successful use of a drilling rig on a well drilled especially to produce oil.

  • Transcontinental Railroad is completed

    Transcontinental Railroad is completed
    Promontory, Utah/ Union Pacific and Central Pacific railroad presidents drive last spike in rail line to complete railroad. It had been the long dream for the people living in the American West.

  • Rockefeller founds Standard Oil

    Rockefeller founds Standard Oil
    The Standard Oil Company is an American oil company and corporation made by Rockefeller and Henry Flagler in Ohio.

  • Carnegie Steel Company is formed

    Carnegie Steel Company is formed
    The Carnegie Steel Company is a steel company made by Andrew Carnegie located in Pittsburgh, Pennsylvania. It was formed to manage businesses at steel mills in Pittsburg, Pennsylvania.

  • Bell patents the telephone

    Bell patents the telephone
    Alexander Graham Bell, American inventor receives a patent for his invention of the telephone.

  • First telephone on White House

    First telephone on White House
    The first telephone is installed in the telegraph room of President Rutherford B. Hayes in the White House.

  • Edison perfects incandescent light bulb

    Edison perfects incandescent light bulb
    Edison uses carbonized cotton thread to design his lightbulb and his first attempt results in a bulb that lasts 13.5 hours and later on it extends to 40 hours.

  • Railroads set up standard time zones

    Railroads set up standard time zones
    The operators of the railroads needed a time plan to form a clear schedule of arrivals and departures. The four standard time zones are introduced on this day.

  • First electric trolley line in Richmond Virginia

    First electric trolley line in Richmond Virginia
    It was the first practical electric trolley system that set a pattern for others around the world. However it was not the first attempt to operate an electric trolley.

  • Sherman Antitrust Act is passed

    Sherman Antitrust Act is passed
    The Sherman Antitrust Act prohibited the practice of monopolies in business and it was the first measure passed by U.S. Congress to prohibit trusts.

  • J.P. Morgan forms U.S. Steel

    J.P. Morgan forms U.S. Steel
    At the beginning of the 20th century a number of people found the U.S. Steel (Andrew Carnegie, Elbert H. Gary, Charles M. Schwab, and J.P. Morgan.