Condensed Balance Sheets - USD ($)	Jul. 31, 2016	Apr. 30, 2016
Current Assets:
Cash and cash equivalents	$ 6,632,000	$ 5,918,000
Investments and securities, at fair value	25,356,000	24,530,000
Accounts receivable:
Trade, net of $768 and $74 doubtful account allowance	1,787,000	1,912,000
Other	1,000
Income tax overpayment		199,000
Inventories, net	2,808,000	2,964,000
Prepaid expenses	97,000	68,000
Total Current Assets	36,681,000	35,591,000
Property and Equipment, net, at cost	771,000	756,000
Other Assets
Investment in Limited Land Partnership, at cost	253,000	253,000
Projects in process	34,000	68,000
Total Other Assets	287,000	321,000
TOTAL ASSETS	37,739,000	36,668,000
Current Liabilities
Accounts payable, trade	78,000	31,000
Dividends payable	1,256,000	1,255,000
Accrued expenses:
Payroll and related expenses	213,000	320,000
Property taxes	2,000
Income tax payable	56,000
Deferred income taxes	302,000	87,000
Total Current Liabilities	1,907,000	1,693,000
Long-Term Liabilities
Deferred income taxes	176,000	191,000
Total Long-Term Liabilities	176,000	191,000
Stockholders' Equity
Convertible preferred stock, 1,000,000 shares authorized, Series 1-noncumulative, $20 stated value, 25,000 shares authorized, 4,100 issued and outstanding	99,000	99,000
Common stock, Class A, $.10 par value, 10,000,000 shares authorized, 8,502,881 shares issued and outstanding	850,000	850,000
Additional paid-in capital	1,736,000	1,736,000
Accumulated other comprehensive income	653,000	347,000
Retained earnings	35,904,000	35,337,000
Less: treasury stock, 3,481,221 and 3,481,021 shares, at cost	(3,586,000)	(3,585,000)
Total Stockholders' Equity	35,656,000	34,784,000
TOTAL LIABILITES AND STOCKHOLDERS' EQUITY	$ 37,739,000	$ 36,668,000