- Steinway & Sons in America builds and sells 2,541 pianos.
- Steinway & Sons’ net profit is $154,979 profit.
- Steinway & Sons’ Hamburg factory builds 209 pianos.
- Steinway & Sons is the first piano manufacturer in Germany to resume business, which gives the company a certain advantage in the German market. Old Bechstein pianos are removed from German concert halls, and are replaced with new Steinway & Sons pianos.