Income Per Share of Common Stock

9 Months Ended

Apr. 30, 2013

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

2.	Income Per Share of Common Stock:
	Income per share has been computed by dividing the net income for the periods by the weighted average number of shares of common stock outstanding during the periods, adjusted for the purchase of treasury stock. Shares used in computing income per share were 2,015,780 for the nine months ended April 30, 2013 and April 30, 2012.