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Frist Oil Well In Pennslyiana
The well was know as Drake Well. Often refered to as the first comercial well. -
Period: to
Big Business and The West
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First Trans-continental
The last ceremonally spike is struck into the ground marking the end of construction of the first cotinental railroad. -
Rockfeller founds Standard Oil
Established in 1870 as a corporation in Ohio. Was the largest oil refiner in the world. -
Bell patents telephone
Bell was awarded a patent for the tele phone. -
First telephone on White House
Hayes had the first tele installed to the tele- gram room in the mansion. -
Edison perfects incandescent light bulb
The first light bulb lasted 40 hours it used a cotton filmant. -
Railroads set up standard time zones
At exactly noon on this day, American and Canadian railroads begin using four continental time zones to end the confusion of dealing with thousands of local times. The bold move was emblematic of the power shared by the railroad companies. -
First electric trolley line, Richmond, VA
On this day regualar orpations of the trolley system started -
Sherman Antitrust Act is passed
The Anti-trust law is passed. -
Carneige Steel Company Formed
Its headquarters were located in the Carnegie Building, an early skyscraper in Downtown Pittsburgh. "The Capital of Steel" -
J.P. Morgan forms U.S. Steel
J.P. Morgan Combines three companies to form U.S. Steel