No idea. The only chain I know of is 66 feet - 10 chains to the furlong, 8 furlongs to the mile. A good reference for these rather archaic measurements is http://home.clara.net/brianp/index.html
bigmack had the most complete answer: "answer is shot (equivalent to 12 and half fathoms) see www.dictionary.com (I usially enter via www.onelook.com - great site for getting words when you only have a few letters by use of wildcards". So, the answer to this crossword question is: shot.