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Condensed Consolidated Statements of Cash flows (USD $)
6 Months Ended
Sep. 30, 2014
Sep. 30, 2013
OPERATING ACTIVITIES    
Net earnings $ 647,405 $ 836,018
Adjustments to reconcile net earnings to cash provided by operating activities:    
Depreciation 887,700 913,800
Provision for deferred taxes (64,965) (125,991)
Provision for postretirement benefits 38,416 34,954
Decrease (increase) in operating assets:    
Accounts receivable, net 1,283,980 1,509,086
Inventories (4,757,516) (278,444)
Other (227,666) (254,311)
Increase (decrease) in operating liabilities:    
Accounts payable and accrued expenses (1,781,826) (3,301,269)
Contribution to profit-sharing plan 105,000 105,000
Employee compensation and related expenses 166,201 (141,669)
Income taxes payable 79,109  
Deferred credit for LIFO inventory replacement   32,213
NET CASH USED IN OPERATING ACTIVITIES (3,624,162) (670,613)
INVESTING ACTIVITIES    
Purchase of property, plant and equipment (3,926,719) (153,019)
Increase in cash surrender value of officers' life insurance (30,500) (31,000)
NET CASH USED IN INVESTING ACTIVITIES (3,957,219) (184,019)
FINANCING ACTIVITIES    
Cash dividends paid (271,978) (1,087,912)
NET CASH USED IN FINANCING ACTIVITIES (271,978) (1,087,912)
DECREASE IN CASH (7,853,359) (1,942,544)
Cash at beginning of period 15,081,024 15,923,294
CASH AT END OF PERIOD $ 7,227,665 $ 13,980,750