CAPITAL STOCK (Tables)

12 Months Ended

Jun. 30, 2018

Equity [Abstract]

Schedule of capital stock authorized, issued, and outstanding

	Shares
			Issued and
	Authorized		Outstanding
Prior Cumulative Preferred Stock, $5 Par Value:
6% Convertible		240,000
Series A				100,000
Series B				100,000
Cumulative Preferred Stock, $20 Par Value:
5% Convertible		150,000
Series A				58,533
Series B				9,539
Common Stock, $1 Par Value:
Reserved for Conversion of Preferred Stock - 1,030,166 shares		2,000,000		969,834

Schedule of preferred stock dividends in arrears on a per share basis

	2018		2017
6% Convertible
Series A	$	17.85	$	17.55
Series B	$	17.40	$	17.10
5% Convertible
Series A	$	68.75	$	67.50
Series B	$	68.75	$	67.50