When the Metropolitan was listed in 1897, it immediately went beyond par.

The excitement that followed forms one of the most memorable chapters in the history of Wall Street.

The investing public, egged on by daring and skillful stock manipulators, simply went mad and purchased not only Metropolitan but street railway shares that were then even more speculative.

It was in these bubble days that Brooklyn Rapid Transit soared to heights from which it subsequently descended precipitately.

Under this stimulus, Metropolitan stock ultimately sold at $269 a share.