1888

  • Steinway Pianofabrik in Hamburg builds about 550 pianos a year, making a profit of roughly $50 per piano. This is approximately one third of American per-piano profit of Steinway & Sons.
  • The police force in Queens has remained on Steinway & Sons payroll until this year, and one of the policemen is actually armed with William Steinway’s own revolver. The police force has only been taken off the payroll after Charles Steinway raised the issue at a Board of Trustees meeting.
  • That year, Steinway & Sons Square Grand piano is advertised for the last time.