Condensed Consolidated Balance Sheets (USD $)	Jun. 30, 2014	Mar. 31, 2014
CURRENT ASSETS:
Cash	$ 10,788,178	$ 15,081,024
Accounts receivable, net of allowances for bad debts and cash discounts of $27,276 at June 30 and March 31, 2014	8,106,496	9,347,289
Inventories	38,913,148	35,288,559
Other	29,607	129,796
TOTAL CURRENT ASSETS	57,837,429	59,846,668
PROPERTY, PLANT AND EQUIPMENT:
Land	1,410,689	1,410,689
Buildings and yard improvements	7,188,776	7,113,482
Machinery and equipment	32,219,380	31,773,161
Less accumulated depreciation	(29,378,451)	(28,934,601)
Property, Plant and Equipment, Net, Total	11,440,394	11,362,731
OTHER ASSETS:
Cash value of officers' life insurance and other assets	1,090,250	1,075,000
TOTAL ASSETS	70,368,073	72,284,399
CURRENT LIABILITIES:
Accounts payable and accrued expenses	5,562,808	7,206,340
Dividends payable	135,989	135,989
Contribution to profit sharing plan	105,000	52,500
Employee compensation and related expenses	323,045	375,860
TOTAL CURRENT LIABILITIES	6,126,842	7,770,689
DEFERRED INCOME TAXES	152,550	189,998
POSTRETIREMENT BENEFITS OTHER THAN PENSIONS	1,032,264	1,013,056
STOCKHOLDERS' EQUITY:
Common stock, par value $1: Authorized shares - 10,000,000 Issued shares - 7,975,160 at June 30 and March 31, 2014	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 June 30 and March 31, 2014)	(5,475,964)	(5,475,964)
Retained earnings	31,553,547	31,807,786
TOTAL STOCKHOLDERS' EQUITY	63,056,417	63,310,656
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 70,368,073	$ 72,284,399