UNITEDSTATESGENERALACCOUNTING OFFICE DALLAS REGIONAL OFFICE ROOM SO0 1812 COMMERCE STRFXT DALLAS, TEXAS 75201 wi/iR 12 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 cancel- latlon, destruction and accounting for currency unfit for clrcu- lation 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 ac- counting records pertaining to these functions We found that the operations reviewed were conducted in a generally satisfactory manner We wish to express our appreclatlon for the courtesy and cooperation extended our representatives during this review An lnformatlon copy of this letter IS being sent to the Vice President and Manager of the Little Rock Branch Sincerely yours, 50 TH ANNIVERSARY 1921.197
Review of Cancellation, Destruction, and Accounting for Currency Unfit for Circulation
Published by the Government Accountability Office on 1971-03-12.
Below is a raw (and likely hideous) rendition of the original report. (PDF)