- Steinway & Sons net profit is $54,275.
- Steinway & Sons factory in Hamburg builds 847 pianos.
- At Theodore E. Steinway initiative, Steinway & Sons begins to put together a year-long worldwide program for the following year, in commemoration of Steinway & Sons 100th anniversary, titled “Centenary: a tribute to a century of service to music”. The purpose of the program is to boost Steinway & Sons piano sales.
- John H. Steinway becomes the chairman of the three-men worldwide tribute committee (the other two members are Roman de Majewski and Alexander Greiner).
- Steinway & Sons 160 American dealers form their own 19-men “Executive Committee for Steinway Centennial”.
- Steinway Artists form yet another celebratory committee, selecting Josef Hofmann as the honorary chairman.
- In preparation to the centennial year, John H. Steinway requests (and receives) permission to spend $125,000 on a new nationwide advertising campaign.