GREENVILLE, S.C. (May 15)—JPS industries Inc. recorded net income of $1.56 million in the second quarter ended April 28, down 1 percent from $1.58 million in last year's second period. Net sales decreased almost 4 percent to $39.5 million from $41 million. However, earnings from continuing operations increased 4 percent, the company reported. Six-month earnings rose 21 percent to $2.9 million from $2.4 million in the same span last year. Sales for the period improved almost 3 percent to $78.2 million from $76.2 million. Year-to-year price hikes in raw materials, utilities and fuel costs along with industry downturns affected two of JPS' product lines: single-ply membrane and printed circuit boards, the company said. Countering those drops were the continued solid performances of the firm's urethane and industrial glass substrate product lines, it said.