- Steinway & Sons sells 2,553 pianos.
- Steinway & Sons’ new piano model, the plane case “school” piano, becomes a great success. The company receives many orders for it from educational and public institutions.
- The demand for Steinway & Sons pianos is twice as high as supply, even though the factory makes one piano every working hour, 10 pianos a day.
- Thirty one-year-old brigadier general Albert Steinway retires from the New York Militia.
- By the end of this year, William Steinway has bought 400 acres of woodland, tidal swamp, meadows, and open fields in Queens. His property now borders more than half a mile of waterfront, making it perfect for building a factory that would need millions cubic feet of lumber and tons of sand and pig iron delivered by a barge.