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U. S. GOVERNMENT SECURITIES
12 Months Ended
Jan. 31, 2014
U. S. GOVERNMENT SECURITIES  
U. S. GOVERNMENT SECURITIES

NOTE 3 -                                        U. S. GOVERNMENT SECURITIES

 

U.S. government securities at January 31, 2014 and 2013 are classified as held-to-maturity and mature as follows:

 

 

 

2014

 

2013

 

 

 

Carrying

 

 

 

Carrying

 

 

 

 

 

Value

 

Fair Value

 

Value

 

Fair Value

 

 

 

 

 

 

 

 

 

 

 

Due within one year

 

$

205,055

 

$

205,057

 

$

438,815

 

$

439,065

 

 

 

 

 

 

 

 

 

 

 

Due after one year through three years

 

510,573

 

507,996

 

205,055

 

204,925

 

 

 

 

 

 

 

 

 

 

 

 

 

$

715,628

 

$

713,053

 

$

643,870

 

$

643,990

 

 

The fair value of U.S. government securities have been valued using level 1 inputs.