Omaha daily bee., 1903-01-29
OIL EXCITEMENT KEEPS UP
one Chndron M-n sells Interest in
sheep Ranch and Invests In
Machinery.

CHADRON. Neb.. Jan. CIV. r. Nc
Cannon returned this morning from
Sioux City, where he has been for the
purpose Of purchasing oil well boring
machinery and reports that he has sold
half interest in his AGO acres Of decided
land laying within the oil belt to a Sioux
City man for a consideration of 500
and that they had bought a full outfit for
the boring OF oil wells which would be
shipped direct from the factory at an carly
date. Mr.. McGannon is one OF the we'll
to-do sheepmen Of this county, and, while
the county records show transfer of
his land, he is an upright gentleman. whose
reputation for veracity is never ques-
tiCned. This is but one of the many deals
which are being made almost daily look
ing to the development Of this oil region
Persons are coming into town daily with
samples Of oil they have found in their
old wells or coal found in some old aban-
doned excavation.
Fred Houghton. who has been in the dis
trict surveying and locating, came in to-
day and says that. while all the land in
the county which is considered strictly
within the oil belt has been taken up, he
believes that considerable land laying on
the south side of White river will prove
as good oil or coal land as any that has
yet been taken There is also a valuable
strip in South Dakota, just west of the
Sioux Indian reservation. Mr. Houghton
says that the most valuable strip of land
lays between Nebraska and the reserva-
tion, and is known as mo Mans Land"
but It has never been surveyed or opened
to settlement.
The first company which arrived on the
ground has everything in readiness to be-
gin boring as soon as NJ. J. Miller, the
! -<dnager. returns from Chicago, and It is
understood that he will be here by Feb
ruary l.
The Gutamala Oil Mining company has
been doing some work sinking shafts over
its property as a means Of ascertalnng the
formations and the nature OF the stratas.
The shafts invariably show strstas OF cal
careous sandstones cemented together by
carbonate of lime or a chalk composition.
The rocks are OF the derivative class and
composed of carbonaceous accumulations.
This section has all the surface appear
ances of having been at one time a great
lake or body of water and the rocks that
are being taken out Of these shafts arc
composed OF substances previously con
tained in solution in the waters of the
regicn and brought into the solid state by
| Those who visited The Worlds fair in Chi!
cago will probably remember the great re-
lief map which showed the geological sur
vey and condition of this particular section
and which showed a coal deposit here ex-
tending as far west as Whitney, Neb.. but
was there discontinued with groupings
again in the same belt at Glenrock, wyo
whore we now have very productive coal
mine.
The soil of this district is so full OF car
Donate of lime that unless the hay crop is
cut during the dry season and we'll cured
before 1t becomes wet it effects the hoof;
| and horns OF the cattle and causes them tc
drop off, and it is in districts where car
! Donate OF lime is most evident that Goa
has been discovered.
| People here are feverish with excitement
and would not be surprised at the discover!
of either oil, coal. gas or all OF them-lr
| fact they really expect it. Already thou
sands of dollars have been expended in tn,
| purchasing, filing and grouping Of claims
and when the SHOWS disappear in thu
! spring the amount of work that will b.
done will equal, II not surpass, that OF tn
Beaumont, Tex, fields.