Hot Pianos

Said one woman firmly: "I want a Steinway or a mahogany."

When WPB slammed the lid on new piano production last July, the gloom-wrapped industry changed over quickly to making plywood plane parts, deicers. But it kept one eye on the piano market.

That market is now hotter than a jump session with Duke Ellington. The new piano supply is close to exhaustion; prices of used instruments have soared like an upward series of arpeggios.

> In New York, dealers are buying every piano they can get their fingers on. They are paying 50 to...

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