UNITED STATES DEPARTMENT OF. 
BULLETIN No. 23 
Contribution from the Office of Markets and Rural Organize 
CHARLES J. BRAND, Chief 
Washington, D. C. 
May 1, 1915 
A SYSTEM OF ACCOUNTS FOR 
FARMERS' COOPERATIVE ELEVATORS 
By 
JOHN R. HUMPHREY, Assistant in Cooperative Grain 
Elevator Accounting, and W. H. KERR, Inves- 
tigator in Market Business Practice 
CONTENTS 
Introduction 
Types of Elevator Accounting Systems 
Office Equipment 
Taking an Inventory 
Auditing the Books . „ 
Hedging 
Insurance of Elevators „ 
Page 
Description of the Office of Markets and 
Rural Organization Grain Elevator Ac- 
counting System 4 
Instructions for Operating the System . 8 
Conclusion 20 
Blank Forms Nos. 1 to 15, Beginning at . 20 
WASHINGTON 
GOVERNMENT PRINTING OFFICE 
1915 
