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According to legend, in 1679 a Newman & Company vessel loaded with port wine left Portugal for London but was driven off course and came to pass the winter in St. John's. When the ship returned to England the following spring her cargo was found to have improved in flavour. From then until 1996 Newman's celebrated "Ruby Port" was aged in Newfoundland - much of it in the romantic stone vaults on Water Street.
More about the History of the Newman Wine Vaults on the website of the Newfoundland Historic Trust.