In 1851, Reuter moved to London. After failures in 1847 and 1850

View previous topic View next topic Go down

In 1851, Reuter moved to London. After failures in 1847 and 1850

Post by jancancook on Mon Nov 07, 2011 1:21 am

In 1851, Reuter moved to London. After failures in 1847 and 1850, attempts by the Submarine Telegraph Company to lay an undersea telegraph cable across the English Channel, from Dover to Calais, promised success. Reuter set up his "Submarine Telegraph" office in October 1851 just before the opening of that undersea cable in November, and he negotiated a contract with the London Stock Exchange to provide stock prices from exchanges in continental Europe in return for access to the London prices, which he then supplied to stockbrokers in Paris. In 1865, Reuter's private firm was restructured, and it became a limited company (a corporation) called the Reuter's Telegram Company. Reuter had been naturalised as a British subject in 1857.



Sprachschule Berlin
Strategic Recruiting

jancancook
Master of the Paranormal
Master of the Paranormal

Male
Number of posts : 468
Age : 31
Location : Viet Nam
Registration date : 2011-02-15

View user profile

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum