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The Daniel Boone was a wooden schooner built in 1855 by S. Ruggles in Milan, Ohio. It had a tonnage of 273 tons. On October 19, 1856, the Daniel Boone was sailing on Lake Huron, specifically near Manitoulin Island, when it encountered a storm. The vessel was driven ashore and wrecked as a result. The cargo on board consisted of coal and lumber. It is not mentioned that there was any loss of life in this incident.

The underwriters of the Daniel Boone suffered a total loss of $11,500 due to the wreck.

A year prior to its loss, in 1855, the Daniel Boone had an incident where it caused damage to approximately 1,500 bushels of wheat while traveling from Milan to Buffalo.

On October 26, 1856, the wreck of the Daniel Boone was reported to be in Saginaw Bay, Michigan, further confirming its loss.

Other vessels, the schooner Oconto captained by Peter Allen and the brig Globe captained by McCrea, were also reported to have gone ashore on Manitoulin Island during the same incident involving the Daniel Boone. While the Daniel Boone was considered a total loss, there were hopes of salvaging the Oconto and the Globe, although they were described as being filled with water. The Globe belonged to the Lake Navigation Co., while the Oconto was owned by her master, as well as Banks & Butler of Chicago.

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