The herald-advance. (Milbank, S.D.) 1890-1922, 1921-01-21
OIL PROSPECT IN SD.
o1oLoot9To oGclANg coNoI.
TONS FAVORABLE ~ WgoT.
can PART

have Led 70 considerable conjecture
10 to the possibilities Of the finding
Of oil IN paying quantities in Western
South Dakota II 10 expected that
numerous companies will begin pros
in that section in tho early
~ the result OF announce
of geeologists who have care
fully examined the geological forma-
All the biologists who have
the situation agree on the
general theory that the oil fields Of
external from the northwest
to the southeast corner Of the state
and therefore enter into South Dakota
at its northwest orner and extend
to the vicinity OF Pierre. Many emin-
ent biologists have visited the south
Dakota territory within the past two
years, and all agre that the general
surface indications are as prominent
here as either in the Montana or Wy
oming fields. Fossils, shells and IL
kinds OF prehistoric formations arc
present, particularly within 4 radius
Of thirty miles Of Dupree. indicating
that this was At mi time IN area or
q large bay OF the ocean. Recent OF.
plorations indicate that such cordi
tons as are necessary to form cor
tainers for oil exist. Until recently
all geolo asts examining the South
Dakota territory have agreed that oil
would be found 1t from $500 to g.
500 feet. making rather expensive dr:l-
ling. but the recent examtn atoms
north and south Of Dupree show *
posurss Of older formations, which IN
dicate that oil may be found IN this
territory at from 100 10 1900 fest
1.-THE Montana wells are from 1850
% 1900 fest.) It 10 said that no less
than fifty companies in Mitchell. A.
erdeen. Sioux Fails, Pierre and Cham
berlain, IN South Dakota: Great Fails.
Miles City, Baker and Lewiston, In
Montana: Denver md Pueblo. in Col
orado: Newcastle and Casper. in Wy.
oming: a. we'll ~ Minneapolis, Chi
cago and other eastern points have
been securing oil leases IN western
South Dakota during the past three
months. and many OF them will drill
On their holdings as soon a the
weather will permit.
E~xservtcs men have received $751;
200 aid In getting started on farms
in the state the past year through
the state land settlement board. or
this. the Land settlement fund has
been called upon for 1881. 500 and the
balance has been secured through the
rural credits loan department. which
works with the land settlement board
IN assisting to get the ~ex-service men
located upon farms. when they wish
such assistance. Loans have been
made by the board in 81 out Of the
"a counties Of the state. as the appli-
cant is not In any way limited as to
the character or location of the land
he desires. the only Limitation being
as to the amount OF aid which a be
given by the state IA taking up the
purchase and development OF land
anywhere within the state he may de-
sire to begin operations. Since the
beginning OF the operation OF the land
settlement board $50 ex-service men
have applied for such aid. OF these
116 have been closed and a number
Of others are pending. ready to le
closed when the necessary formal.
tiles are completed.
South Dakota soo will be manufac-
turing the greater part Of tho feed
used by live stock breeders for their
stock az we'll as large quantities OF
rolled oats for human consumption.
Within the next three Of four
years it il expected that three or
four rolled oats mills, operated coop
eratively, the stock Of which vii be
owned by the consumers. will ba erect
ed within the state. At its twenty
second annual session In Mitchell the
South Dakota Improved Live Stock
Breeders association will select the
site for the first Of these mills. Six
including Mitchell, Huron, Sioux
Falls. Aberdeen, WATERFOWL and
Rrookings, will make bids for the first
"a @lCOO VAAuIS. a 6tOCk company.
at $3.50. 900, already has
been organized for the first mill. 1t
Is the plan Of the stockmen to erect
these mills at such places that the
growers and breeders themselves will
b the most benefited.
A comparison Of the hail insurance
Of South Dakota and Mort Da-
kota is made in a recent insurance
The South Dakota fund
cleared up all 1919 losses by the first
Or a present year, and has cleared up
al claims for 1920 losses except in
cases where there were errors as to
land descriptions, and disputes az to
who 10 entitled to payment for losses
Of tho present year with funds on
hand to clear these up ~ soon a. the
proper claimant has proven his right.
or the proper descriptions are shown.
In North Dakota over 81, 900. 900. of
The 1919 losses are yet unpaid.