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First oil well is drilled, Pennsylvania
The first successful use of a drilling rig on a well to produce oil, at a site on Oil Creek near Titusville, Pennsylvania. -
Transcontinental railroad is completed
s the first transcontinental railroad in the United States was completed. The railroad had long been a dream for people living in the American West. -
Bell patents telephone
American inventor Alexander Graham Bell tested his telephone in 1876, calling his assistant to say "Mr. Watson, come here, I want to see you. -
First telephone on White House
Hayes has the White House's first telephone installed in the mansion s telegraph room -
Edison perfects incandescent light bulb
his first attempt at this design was a bulb that lasts about 13.5 hours before burning out. later it extended to life of the bulb to 40 hours. -
Railroads set up standard time zones
Four standard time zones for the United States were introduced. -
First electric trolley line, Richmond, VA
this was the first practical trolley but was not the first attempt. -
Sherman Antitrust Act is passed
first Federal act that outlawed monopolistic business practices. -
Carnegie Steel Company is formed
created in the late 19th century in the Pittsburgh Pennsylvania area by Andrew Carnegie. -
J.P. Morgan forms U.S. Steel
it was founded in 1901. At the beginning of the 20th century, a number of businessmen were involved in forming the United States Steel Corporation. -
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.
