Washington, D.C. 20549

                        Schedule 13D

        Under the Securities and Exchange Act of 1934
            (Amendment No. 1                    )

Name of Issuer: American Biltrite Inc.

Title of Class of Securities: common

Cusip Number: 024591109

Name,  Address and Telephone Number of Person authorized  to
receive  notices and communications:   Kenneth  E.  Leopold,
Associate  General Counsel, c/o Neuberger Berman, 605  Third
Avenue, NY, NY 10158

Date  of  Event   which requires Filing  of this  statement:
March 29, 2001

If  the  filing person has previously filed a  statement  on
schedule 13g to report the acquisition which is the  subject
of this Schedule 13D, and is filing this schedule because of
Rule 13d-1(b)(3) or (4), check the following box
* The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with  respect
to  the  subject class of securities, and for any subsequent
amendment    containing  information   which   would   alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section
18 of the Securities Exchange Act of 1934("Act") or
otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act
(however, see the notes).

                        SCHEDULE 13 D

CUSIP NO.  024591109

1.Name of Reporting Person
   S.S. or IRS identification NO. of Above Person
     Marvin C. Schwartz
     SS # 085-32-5709

2.Check the appropriate box if a member of a group*

3. Sec use only

4.Source of funds*

5.Check  Box if disclosure of legal proceedings is  required
pursuant to items 2(d) or 2(e)
6. Citizenship or place of organization

7. Sole Voting Power

8.Shared voting power

9.Sole dispositive power

10. Shared dispositive power

11.  Aggregate  amount beneficially owned by each  reporting
12.Check  box  if  the aggregate amount in row  11  excludes
certain shares*

13. Percent of class represented by amount in row 11.

14.Type of  reporting person*
ITEM 1 Security and Issuer

This statement related to the common stock (the "shares") of
American Biltrite Inc. (the "Company").  The Address of  the
principal  executive  offices of the  company  is  57  River
Street, Wellesley Hills, MA  02181.

ITEM 2 Identity and Background

A)  The  name  of  the individual filing this  statement  is
Marvin C. Schwartz

B)  The  business  address of Marvin  C.  Schwartz  is:  c/o
Neuberger Berman, LLC, 605 Third Avenue, New York, New  York

C)  Marvin  C. Schwartz is a Managing Director of  Neuberger
Berman, LLC, a limited liability company organized under the
laws  of the State of Delaware.  Neuberger Berman, LLC is  a
registered  broker/dealer and registered investment  advisor
which  conducts a general brokerage, dealer and   investment
advisory  business.   This filing is made  by  Mr.  Schwartz
individually and not in his capacity as Managing Director of
Neuberger Berman, LLC.  The shares are held individually  by
Mr.  Schwartz and others.  The firm of Neuberger Berman, LLC
has no voting or dispositive power regarding these shares.

D)  During  the last five years Marvin C. Schwartz  has  not
been  convicted in a criminal proceeding(excluding   traffic
violations or similar misdemeanors).

E)  During  the last five years Marvin C. Schwartz  has  not
been  a party to a civil proceeding as a result of which  he
is  subject  to judgement, decree or order enjoining  future
violations of or prohibiting or mandating activited  subject
to Federal or State securities laws or finding any violation
with respect to such laws.

F) Marvin C. Schwartz is a United States citizen.

ITEM 3  Source and Amounts of Funds

Marvin  C. Schwartz now owns 109,600 shares for his personal
account.  Those  shares  acquired were  purchased  with  his
personal funds.

In  addition,  Marvin  C.  Schwartz  now  beneficially  owns
166,100 shares as follows:

109,600  shares  owned by an individual  account  which  Mr.
Schwartz manages.  The account is for the benefit of another
principal  of Neuberger Berman, LLC and held in street  name
by  Neuberger  Berman,  LLC. Marvin  C.  Schwartz  has  sole
dispositive and voting power with respect to such shares.

56,500  shares are held in street name as a part of  several
accounts  for  the  benefit of Marvin C. Schwartz's  family.
Marvin  C.  Schwartz is a beneficial owner of  these  56,500
shares  based  on  his discretionary and shared  dispositive
power over these accounts.

ITEM 4 Purpose of Transaction

Marvin  C.  Schwartz  purchased the  shares  for  investment
purposes  only.   He  does not have any plans  or  proposals
which relate to or would result in any of the activities  or
matters referred to in paragraphs (a) through (j), inclusive
of item 4 of Schedule 13D.

ITEM 5 Interest in Securities of the Issuer

A)  Marvin  C. Schwartz is the beneficial owner  of  166,100
shares  which  represents  4.76%  of  the  3,487,885  shares

B)  Marvin  C.  Schwartz has the sole power  to  dispose  of
109,600 shares and has shared dispositive power with  regard
to  56,500 shares. Marvin C. Schwartz has sole voting  power
with  regard  to 109,600 shares and has shared voting  power
with regard to 0 shares.

C) During the 60 days surrounding the event triggering  this
filing,   Marvin  C.  Schwartz  effected   2   open   market
transactions in the shares.  The trade dates and prices  are
noted below:

     Trade Date          B/S       Shares         Price
     03/06/01            S         400            14.6
     03/29/01            S         10,000         13.7

ITEM 6 Contracts, Agreements, Understandings or Relationship
with Respect to
Securities of Issuer

There are no agreements, contracts or understandings of  any
kind  between Marvin C. Schwartz and any other  person  with
regard to the shares or the issuer.

ITEM 7 Material to be filed as Exhibits

There are no materials to be filed as exhibits.


By signing below I certify that, to the best of my knowledge
and  belief,  the  securities referred  to  above  were  not
acquired  and are not held for the purpose of  or  with  the
effect  of changing or influencing the control of the issuer
of  the securities and were not acquired and are not held in
connection  with  or  as a participant  in  any  transaction
having that purpose or effect.


After  reasonable inquiry and to the best of  his  knowledge
and  belief,  the undersigned certifies that the information
set forth in this statement is true, complete and correct.

                                   Marvin C. Schwartz