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PENSION BENEFITS (Details 7) (USD $)
12 Months Ended
Oct. 31, 2012
Oct. 31, 2011
Oct. 31, 2010
Components of Net Periodic Benefit Cost      
Service cost (net of expenses) $ 49,106 $ 55,788 $ 186,427
Interest cost 384,941 391,258 415,441
Expected return on plan assets (411,247) (369,382) (316,795)
Amortization of transition obligation 0 0 2,868
Amortization of prior service cost 0 0 274
Amortization of accumulated loss 334,273 200,829 268,919
Total net periodic benefit expense $ 357,073 $ 278,493 $ 557,134