Marketable Securities

12 Months Ended

Nov. 01, 2014

Accounting Policies [Abstract]

Marketable Securities

NOTE 3 -  Marketable Securities

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
November 1, 2014
Common stock	$	208,602	$	2,898	$	-0-	$	211,500
Preferred stock		2,656,848		77,176		-0-		2,734,024
Corporate notes		1,718,197		29,148		-0-		1,747,345
High yield bonds		2,050,481		37,746		-0-		2,088,227
Foreign debt securities		768,535		46,865		-0-		815,400
Mutual funds		463,470		-0-		(58,319)		405,151
Total	$	7,866,133	$	193,833	$	(58,319)	$	8,001,647
October 26, 2013
Common stock	$	128,389	$	27,170	$	-0-	$	155,559
Preferred stock		1,138,485		11,359		-0-		1,149,844
Corporate notes		1,783,334		34,458		-0-		1,817,792
High yield bonds		2,406,531		24,944		-0-		2,431,475
Foreign debt securities		768,535		50,093		-0-		818,628
Mutual funds		591,466		-0-		(10,858)		580,608
Total	$	6,816,740	$	148,024	$	(10,858)	$	6,953,906

The following is a summary of maturities of debt securities available for sale as of November 1, 2014:

	November 1, 2014		October 26, 2013
One year and under	$	245,200	$	254,623
One to five years		2,962,792		2,978,094
Five to ten years		1,080,239		1,175,755
Over ten years		248,982		242,500
Total	$	4,537,213	$	4,650,972

Sales of securities available for sale during the years ended November 1, 2014 and October 26, 2013 were as follows:

	2014		2013
Proceeds from sales	$	1,291,497	$	4,792,517
Gross realized gains	$	122,222	$	72,653
Gross realized losses	$	29,494	$	142,257