- The United States and Steinway & Sons begin to pull out of the economic depression. New inventions – “player piano”, cinema and ragtime – boost piano sales.
- George A. Steinway resigns from the Board of Trustees of Steinway & Sons, “due to illness”.
- Steinway & Sons in US sells 1,928 instruments, almost 1/4 fewer than in 1892.
- Yale University School of Music becomes an All-Steinway School.