August 20, 1964

Henry Z. Steinway receives from Steinway & Sons’ engineering department the report on the Yamaha grand piano he has bought to evaluate. According to the report, Yamaha grand is a well-made product, but has a generic tone, and is no match for a Steinway & Sons grand piano. (It will take Yamaha two more years of research and development before its grand piano begins to present real market threat to Steinway & Sons.)