FRANKLIN ELECTRIC CO INC <FELE.O> 3RD QTR NET Shr 85 cts vs 73 cts Net 3,150,000 vs 2,699,000 Sales 39.8 mln vs 34.3 mln Nine Mths Shr 2.19 dlrs vs 1.86 dlrs Net 8,109,000 vs 6,876,000 Sales 111.5 mln vs 100.7 mln NOTE: 1987 tax credits added 14 cts to third quarter net and 33 cts to nine months net compared with credits of 16 cts and 45 cts in the respective 1986 periods.