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Cash Flow Information
9 Months Ended
Apr. 30, 2017
Supplemental Cash Flow Elements [Abstract]  
Cash Flow Information
10. Cash Flow Information:
             

For purposes of reporting cash flows, the Company considers cash equivalents to consist of short-term highly liquid investments with maturities of three (3) months or less, which are readily convertible into cash.


Supplemental disclosure:       Nine Months Ended
April 30
2017       2016
Interest paid, net of capitalized interest of $16,514 (2017)
       and $49,084 (2016) $       163,022 $       159,082
Income taxes paid $ 159,096 $ 87,804