Report of Independent Registered Public Accounting Firm
The Board of Directors and Stockholders of
Central Securities Corporation:

In planning and performing our audit of the financial
statements of Central Securities Corporation (the
?Corporation?) as of and for the year ended December 31,
2019, in  accordance  with  the  standards  of  the  Public
Company Accounting Oversight  Board (United States), we
considered the Corporation?s internal control over
financial reporting, including controls over safeguarding
securities, as a basis for  designing our auditing
procedures for the purpose of expressing our opinion on
the  financial statements and to comply with the
requirements of Form N-CEN, but  not  for  the  purpose of
expressing an opinion on the effectiveness of the
Corporation?s internal  control  over  financial reporting.
Accordingly, we express no such opinion.

Management of the Corporation is responsible for
establishing and maintaining effective   internal control
over financial reporting.  In fulfilling this
responsibility, estimates and judgments by management are
required to assess the expected benefits and related costs
of controls. A company?s internal control over financial
reporting is a process designed to provide reasonable
assurance regarding the reliability of financial reporting
and the preparation of financial statements for external
purposes in accordance with generally accepted accounting
principles. A company's internal control over financial
reporting includes  those  policies  and procedures that
(1) pertain to the maintenance of records that, in
reasonable detail, accurately  and fairly reflect the
transactions and dispositions of the assets of the company;
(2) provide reasonable assurance that transactions are
recorded as necessary to permit preparation of financial
statements in accordance with generally accepted accounting
principles, and that receipts and expenditures of the
company are being made only in accordance with
authorizations of management and directors of the company;
and (3) provide reasonable assurance regarding prevention
or timely detection of unauthorized acquisition, use or
disposition of a company's  assets that could have a
material effect on the financial statements.

Because of its inherent limitations, internal control over
financial reporting may not prevent or detect
misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk
that controls may become inadequate because of changes in
conditions, or that the degree of compliance with the
policies or procedures may deteriorate.

A deficiency in internal control over financial reporting
exists when the design or operation of a control does not
allow management or employees, in the normal course of
performing their   assigned functions, to prevent or detect
misstatements on a timely basis.  A material weakness is a
deficiency, or combination of deficiencies, in internal
control over financial reporting, such that there is
reasonable possibility that a material misstatement of the
Corporation's annual or interim financial statements will
not be prevented or detected on a timely basis.

Our  consideration of the Corporation's internal control
over financial reporting was for the  limited purpose
described in the first paragraph and would not necessarily
disclose all deficiencies in internal control that might be
material weaknesses under standards established  by the
Public Company Accounting Oversight Board (United States).
However, we noted no deficiencies in the Corporation's
internal control over financial reporting and its
operation, including controls over safeguarding securities
that we consider to be a material weakness as defined above
as of December 31, 2019.
This report is intended solely for the information and use
of management and the Board of Directors of Central
Securities Corporation and the Securities and Exchange
Commission and is not intended to be and should not be used
by anyone other than these specified parties.


/s/ KPMG LLP

New York, New York
January 31, 2020