-
First Oil Well Drilled
On August 28, 1859, George Bissell and Edwin L. Drake made the first successful use of a drilling rig on a well drilled especially to produce oil, at a site on Oil Creek near Titusville, Pennsylvania. -
Transcontinental Railroad completed
ix years after work began, laborers of the Central Pacific Railroad from the west and the Union Pacific Railroad from the east met at Promontory Summit, Utah. -
Rockefeller Founds Standard Oil
The Ohio businessman John D. Rockefeller entered the oil industry in the 1860s and in 1870, and founded Standard Oil with some other business partners. -
Bell Patents Telephone
They were spoken by Alexander Graham Bell, inventor of the telephone, when he made the first call on March 10, 1876, to his assistant, Thomas Watson: "Mr. Watson--come here--I want to see you." -
First Telephone In White House
President Rutherford B. has a phone installed at his desk in the Oval Office of the White House. -
Edison perfects incandescent light bulb
Edison and his team of researchers in Edison's laboratory in Menlo Park, N.J., tested more than 3,000 designs for bulbs between 1878 and 1880. -
Railroads Set Up Standard Time Zones
Operators of the new 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 on November 18, 1883. -
First Electric Trolley Line
In the US, electric trams (trolley cars) were first successfully tested in service in Richmond, Virginia, in 1888, in the Richmond Union Passenger Railway built by Frank J. Sprague. -
Sherman Antitrust Act Passed
The Sherman Anti-Trust Act was the first Federal act that outlawed monopolistic business practices. -
Carnegie Steel Company formed
He built Pittsburgh's Carnegie Steel Company, which he sold to J.P. Morgan in 1901 for $480 million. -
J.P Morgan Forms US Steel
J. P. Morgan and attorney Elbert H. Gary founded U.S. Steel on March 2, 1901 by combining Andrew Carnegie's Carnegie Steel Company with Gary's Federal Steel Company and William Henry