Marketable Securities

12 Months Ended

Oct. 29, 2011

Notes to Financial Statements

Marketable Securities

NOTE 3 -	Marketable Securities
				Gross		Gross
		Amortized		Unrealized		Unrealized		Fair
		Cost		Gains		Losses		Value
	October 29, 2011
	Common stock	$	28,578	$	2,343	$	-0-	$	30,921
	Preferred stock		1,009,367		-0-		(29,427)		979,940
	Corporate notes		3,121,547		-0-		(12,185)		3,109,362
	Corporate bonds		518,785		-0-		(8,147)		510,638
	High yield bonds		1,566,450		-0-		(87,508)		1,478,942
	Foreign debt securities		1,285,778		-0-		(2,240)		1,283,538
	Mutual funds		288,381		-0-		(61,273)		227,108
		$	7,818,886	$	2,343	$	(200,780)	$	7,620,449
	October 30, 2010
	Common stock	$	28,578		$1,284		$-0-		$29,862
	Preferred stock		237,567		5,834		-0-		243,401
	Mutual funds		285,409		-0-		(55,863)		229,546
		$	551,554	$	7,118	$	(55,863)	$	502,809

The following is a summary of maturities of debt securities available for sale as of October 29, 2011:

	Cost		Fair Market Value
One Year and Under	$	103,850	$	99,000
One to Five Years		3,663,570		3,586,008
Five to Ten Years		2,725,140		2,697,472
Over Ten Years		None		None
Total	$	6,492,560	$	6,382,480

Sales of securities available for sale during the years ended October 29, 2011 and October 30, 2010 were as follows:

	2011		2010
Proceeds from sales	$	68,250	$	25,000
Gross realized gains	$	-0-	$	-0-
Gross realized losses	$	1,229	$	4,166