Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2014	Mar. 31, 2014
CURRENT ASSETS:
Cash	$ 7,227,665	$ 15,081,024
Accounts receivable, net of allowances for bad debts and cash discounts of $32,276 and $27,276 at September 30 and March 31, 2014, respectively	8,063,309	9,347,289
Inventories	40,046,075	35,288,559
Other	357,462	129,796
TOTAL CURRENT ASSETS	55,694,511	59,846,668
PROPERTY, PLANT AND EQUIPMENT:
Land	1,410,689	1,410,689
Buildings and yard improvements	7,736,709	7,113,482
Machinery and equipment	35,076,653	31,773,161
Less accumulated depreciation	(29,822,301)	(28,934,601)
Property, Plant and Equipment, Net, Total	14,401,750	11,362,731
OTHER ASSETS:
Cash value of officers' life insurance and other assets	1,105,500	1,075,000
TOTAL ASSETS	71,201,761	72,284,399
CURRENT LIABILITIES:
Accounts payable and accrued expenses	5,424,514	7,206,340
Income taxes payable	79,109
Dividends payable	135,989	135,989
Contribution to profit sharing plan	157,500	52,500
Employee compensation and related expenses	542,061	375,860
TOTAL CURRENT LIABILITIES	6,339,173	7,770,689
DEFERRED INCOME TAXES	125,033	189,998
POSTRETIREMENT BENEFITS OTHER THAN PENSIONS	1,051,472	1,013,056
STOCKHOLDERS' EQUITY:
Common stock, par value $1: Authorized shares - 10,000,000 Issued shares - 7,975,160 at September 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 September 30 and March 31, 2014)	(5,475,964)	(5,475,964)
Retained earnings	32,183,213	31,807,786
TOTAL STOCKHOLDERS' EQUITY	63,686,083	63,310,656
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 71,201,761	$ 72,284,399