American Biltrite records improved results

WELLESLEY HILLS, Mass. (March 16)—American Biltrite Inc. posted a 9.3-percent increase in net earnings for the third quarter on a 6.3-percent hike in sales. The company said its earnings rose to $4.1 million in the three-month period while sales climbed to $104.5 million. For the nine months, American Biltrite had an 8.1-percent increase in net earnings to $9.73 million on flat sales of $422.5 million.