Вђ“ Telegraph - 08

It allowed for the centralization of financial markets in New York, as stock and commodity prices could be updated in real-time across the country.

Beyond this specific gaming reference, the telegraph was the first electrical telecommunications system , developed in the 1830s and 1840s to send encoded messages over long distances. The Impact of the Telegraph 08 – Telegraph

The Associated Press was formed in 1848 specifically to pool the costs of transmitting news via telegraph. It allowed for the centralization of financial markets