Consolidated Balance Sheets (USD $)	Mar. 31, 2014	Mar. 31, 2013
CURRENT ASSETS:
Cash	$ 15,081,024	$ 15,923,294
Accounts receivable, net of allowances for bad debts and cash discounts of $27,276 and $37,276 at March 31, 2014 and 2013, respectively	9,347,289	9,037,548
Inventories	35,288,559	39,219,168
Other	129,796	103,547
TOTAL CURRENT ASSETS	59,846,668	64,283,557
PROPERTY, PLANT AND EQUIPMENT:
Land	1,410,689	1,082,331
Buildings and yard improvements	7,113,482	7,014,180
Machinery and equipment	31,773,161	30,293,590
Less accumulated depreciation	(28,934,601)	(27,111,529)
Property, Plant and Equipment, Net, Total	11,362,731	11,278,572
OTHER ASSETS:
Cash value of officers' life insurance and other assets	1,075,000	1,013,000
TOTAL ASSETS	72,284,399	76,575,129
CURRENT LIABILITIES:
Accounts payable and accrued expenses	7,206,340	11,181,804
Dividends payable	135,989	543,956
Contribution to profit sharing plan	52,500	52,500
Employee compensation and related expenses	375,860	533,822
TOTAL CURRENT LIABILITIES	7,770,689	12,312,082
DEFERRED INCOME TAXES	189,998	362,279
POSTRETIREMENT BENEFITS OTHER THAN PENSIONS	1,013,056	943,149
STOCKHOLDERS' EQUITY:
Common stock, par value $1: Authorized shares - 10,000,000 Issued shares - 7,975,160 at March 31, 2014 and 2013, respectively	7,975,160	7,975,160
Additional paid-in capital	29,003,674	29,003,674
Treasury stock at cost (1,175,716 shares at March 31, 2014 and 2013, respectively)	(5,475,964)	(5,475,964)
Retained earnings	31,807,786	31,454,749
TOTAL STOCKHOLDERS' EQUITY	63,310,656	62,957,619
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 72,284,399	$ 76,575,129