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Bell patents telephone
Alexander Graham Bell Patents the Telephone. -
J.P. Morgan forms U.S. Steel
With the aid of J.P. Morgan, they bought Carnegie’s interests for more than $492 million and put together U.S. Steel, adding National Steel, National Tube, American Steel and Wire, American Steel Hoop, American Sheet Steel, and American Tinplate to the nucleus of the Carnegie and Federal Companies. -
first oil well drilled
George Bissell and Edwin L. Drake were the first to drill on a well to produce oil, on Oil Creek near Titusville, Pennsylvania. -
Transcontinental railroad is completed
in Promontory, Utah, the first transcontinental railroad in the United States was completed. -
first telephone in the White House
President Rutherford B. Hayes has the White House's first telephone installed. He rarely received phone calls. -
Edison perfects incandescent light bulb
He used a filament of carbonized cotton thread ,the bulb that lasts about 13.5 hours -
Railroads set up standard time zones
Operators of the railroad lines needed a new time plan that would offer a uniform train schedule for departures and arrivals. Four standard time zones for the continental United States were introduced. -
First electric trolley line, Richmond, VA
The Richmond Union Passenger Railway, in Richmond, Virginia, was the first practical electric trolley system, and set the pattern for most subsequent electric trolley systems around the world. -
The Sherman Antitrust Act
The Sherman Antitrust Act is a landmark federal statute in the history of United States antitrust law . It was passed by Congress under the presidency of Benjamin Harrison. -
Carnegie Steel Company is formed
Carnegie Steel Company was a steel producing company created by Andrew Carnegie to manage businesses at steel mills in Pittsburgh, Pennsylvania. -
Rockefeller founds Standard Oil
John D. Rockefeller entered the oil industry in the 1860s and in 1870, and founded Standard Oil with some other business partners.
