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UNITEDSTATESGENERALACCOUNTING OFFICE DALLAS ROOM REGIONAL OFFICE SO0 1812 COMMERCE DALLAS, TEXAS wi/iR 12 STRFXT 75201 1971 Mr Darryl R Francls, President Federal Reserve Bank of St LOUIS St Louis, Mlssoun 63166 Dear Mr FrancIs We have reviewed the actlvltles of the Little Rock Branch of the Federal Reserve Bank of St LOUIS, relating to the cancellatlon, destruction and accounting for currency unfit for clrculation Our review, which was completed In January 1971, was performed pursuant to provlslons of Public Law 89-427, approved May 20, 1966 Our audit consisted of a review and evaluation of internal audit and controls relating to the cancellation, verlflcatlon and destruction of unfit currency, and an examlnatlon of related accounting records pertaining to these functions We found that the operations generally satisfactory manner reviewed were conducted in a We wish to express our appreclatlon cooperation extended our representatives for the courtesy and during this review An lnformatlon copy of this letter IS being sent to the Vice President and Manager of the Little Rock Branch Sincerely 50 TH ANNIVERSARY 1921.197 yours,
@FedFRASER