5 6 – 1 9 3 2 ) ▁▁ ▁Stra ube ▁re - in cor por ates ▁in ▁Indiana ▁In ▁late ▁ 1 9 1 4 ▁or ▁early ▁ 1 9 1 5 : ▁The ▁Stra ube ▁P iano ▁Company ▁was ▁incorpor ated ▁in ▁Indiana ▁by ▁E . R . ▁Jacob son , ▁J . F . ▁Jacob son , ▁and ▁C . H . J . ▁Thor by ▁with ▁$ 1 5 0 , 0 0 0 ▁() ▁capital ▁stock . ▁Ar ound ▁that ▁time , ▁the ▁factory ▁was ▁producing ▁about ▁ 1 2 ▁finished ▁pian os ▁a ▁day ▁worth ▁about ▁three - quarters ▁of ▁a ▁million ▁dollars ▁a ▁year ▁() ▁and ▁employed ▁about ▁one ▁hundred ▁and ▁fifty ▁men , ▁pay ing ▁them ▁combined ▁w ages ▁of ▁about ▁$ 1 2 5 , 0 0 0 ▁() ▁a ▁year . ▁▁▁ 1 9 1 6 ▁Ar ound ▁ 1 9 1 6 , ▁the ▁Stra ube ▁P iano ▁Company ▁was ▁manufact uring ▁ten ▁to ▁twelve ▁finished ▁units ▁a ▁day . ▁▁ ▁Record ▁month ly ▁production ▁The ▁company ▁reached ▁a ▁new ▁all - time ▁high ▁month ly ▁production ▁volume ▁in ▁November ▁ 1 9 2 2 , ▁sur pass ing ▁its ▁previous ▁month ly ▁high ▁in ▁March ▁ 1 9 2 0 . ▁It ▁has ▁been ▁estimated ▁that , ▁of ▁the ▁some ▁ 3 6 0 , 0 0 0 ▁pian os ▁produced ▁in ▁America ▁in ▁ 1 9 0 9 , ▁ 5 6 % ▁were ▁players . ▁▁ ▁Fif th ▁addition