Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-01-01
Notable ife Ended

Daniel Newhall, brother of Mrs
Daniel: Hall, of this city, died on the
night of December %, 1895, at his home
near Waukesha. Mrs. Hall was at his
I death bed, together with all his chill
dren, as follows: Daniel Newhall, Jr,
of Buffalo; Arthur Newhall, of Chicago;
Mrs. Douglas, of Fargo. n. D.; Mrs. J.
| NJ Whaling, of Milwaukee; Mrs. c. L.
Pierce, Of Chicago, and Mrs. A NJ
| Helmer, of Milwaukee. The funeral
of the deceased occurred from his late
home, Woodside, Thursday morning
last. Rev. J. A. Blaisdell Of Waukesha,
and Rev. JudSon Ellsworth, of Milwau-
kee, conducting the services. Inter
ment was at Forest Home cemetery,
| Milwaukee.
Speaking of Mr.. Newhall, The Wau-
| kesha Freeman says:
Deceased was one of the best-known of
| Wisconsin citizens, and his fame as a grain
dealer, at an early day, extended far beyond
the confines of his adopted state. For years
he was recognized as the most extensive
years that he resided in.Milwaukee, he ac-
| cumulated several fortunes and in turn lost
them, But he was man of infinite resources
of an exceedingly buoyant temperament
and reverses and i'll fortune in business
seemed to have little effect upon his great
nerve forces.
Daniel Newhall was born in Conway, Mass,
March "a, 1921 and lived there until he was
II years of age. He then went to Lockport,
N. Y, for about three years, removing to
| Milwaukee in April, 1874. In 1916 he embarked
in the grocery business on East Water street
and remained in this business for three
| years, dealing also in grain and -four. Dur
| ing the potato famine in Ireland Mr.. Newhall
saw. good chance to make money. With
$500 that he had borrowed, he bought wheat
and -four. The former sold at Sl.85 a bushel
and the latter at SO barrel. These he held
until they reached So and $40, respectively,
when he sold out and cleared $4,000 on the
| deal He then abandoned the grocery bust
| ness and devoted his time and capital entire
| ~ to the grain business. In 1915 he made the
first wheat shipment of Milwaukee. He be-
| gan business on so large a scale that the
| older dealers were appalled,, and with I'M
| limited credit at the banks, he soon became
| known as the largest individual dealer in the
West He bought all the wheat that farmers
! in this vicinity could bring him and at one
| time had twenty vessels chartered which he
] loaded with wheat for Buffalo at the rate of
| $4,000 bushels day. His largest deal was
! 700, 900 bushels of wheat which he purchased
| in two days and which was stored in ware
| houses on both sides of the Mississippi ready
for spring delivery This deal cleared him
| it is stated, he had larger credit than any
man of his age in the West.
| He also became a large ship owner and be-
| tween 1852 and 1856 he built number of YES
| sells. In 1856 and 1857 he built the
| Newhall house at Broadway and Michigan
street. Up to this time he had been less sue
cessful, and the panic of 1851 and the subse-
| quent depressed condition of the markets
| told heavily on his fortune The large de-
precautions in real estate entailed heavy
losses He, however, continued his grain
| business on an extensive scale and was sue
cessful, until the unexpected close of the
italian war in 1859. and the subsequent fall
| of high prices in breadstuffs, in which he lost
| heavily. In 1874 he retired from
the wheat pit and located on a farm near the
village of Waukesha.
|
Mr.. Newhall was twice married. In 1843 he
married Miss Melissa M. Tenny, of Orwell,
! Va, who died in Milwaukee in 1856. Two
years later he married Miss Roxena B. Tenny.