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First oil well is drilled, Pennsylvania
On August 28, 1859 George Bissell and Edwin L. Drake made the fist successful oil production in Titusville, Pennsylvania. -
Transcontinental railroad is completed
The Transcontinental railroad is completed in 1869 and is 1,912 miles long and connects Omaha, Nebraska, Iowa and the Pacific Coast in San Francisco. -
Rockefeller founds Standard Oil
Supreme Court Ordered the dissolution of Standard Oil Company, ruling it was in violation of the Sherman Antitrust Act. John D Rockefeller entered the oil industry in the 1860s and in 1870, and found the company with some other business partners. -
Carnegie Steel Company is formed
Carnegie Steel Company was a steel producing company primarily created by Andrew Carnegie and several close associates, to manage businesses at steel mills in the Pittsburgh, Pennsylvania -
Bell patents telephone
On March 7, 1876, Alexander Graham Bell received a patent for the telephone. -
First telephone on White House
President Rutherford B. Hayes has the White House's first telephone installed in the mansion s telegraph room. -
Edison perfects incandescent light bulb
Thomas Edison perfects the first commercially practical incandescent light bulb. -
Railroads set up standard time zones
Four standard time zones for the continental United States were introduced on November 18, 1883. -
First electric trolley line, Richmond, VA
The Richmond Union Passenger Railway, in Richmond, Virginia, was the first practical electric trolley (tram) system, and set the pattern for most subsequent electric trolley systems around the world. -
Sherman Antitrust Act is passed
The Sherman Anti-Trust Act was the first Federal act that outlawed monopolistic business practices. The Sherman Antitrust Act of 1890 was the first measure passed by the U.S. Congress to prohibit trusts. -
J.P. Morgan forms U.S. Steel
United States Steel Corporation, leading U.S. producer of steel and related products, founded in 1901.
