 Hammerstein's company was a huge success, and provided damaging competition to the Metropolitan Opera; eventually this led to the resignation of Heinrich Conried as the latter company's general director, after which it was greatly reorganized.Nevertheless, after giving 463 performances of 49 different operas during its existence, the Manhattan Opera Company suddenly folded in 1910.For years the reason remained a mystery; more recently it has been discovered that Hammerstein and the directors of the Metropolitan, led by Otto Kahn, entered into a contractual agreement which led to the dissolution.