Michigan Central New Lines

8uperiutflnd"nt Sargent, in bis reporl to tht l'residunt, givus pnrtieulars ot' the business of' the lincs reoently opcnod. The ear&inM of the Air-Line División (Jacksou and Niles) have been less th;m the expenses; but it should be noted that the road has been ust-d tbr the passage of through freight trajna east, and for one throusih oxpresa passenger train in each iiroctioo, forwbich no credit is given in the oarninga. Tho rond, track, and dpot ijnipments are in very complete condition Tlie South Bend División, flniahed thout tho Mme time as the above, is in xjoally fjod oondition. The Qrand íKverValley División is in ike oondition, ml tho comparative narniií;s and expenses malen a very favorable ixbibit, witn prospejt of imniediatoly and tteadily inoreasing traih'o. The Jackson, Lansii ias been operatod under tho uatúe divíson ïuiiue sinco it i lenas in August, 1871. t shows ïteadj Inoreaae i:i earnings, with ertain prospect of material enlargament m the road extenda into tli! pine lumber a beyond water ootnpetition. The Kalamazoo and South Haven Dirision is inexoellent oondition, ballastng on the wesl end having been ooiuple.■■■ . . , ■ 1 1 : l s 1 yoar. Th ' favorable ixhibition 6Ï esrninga und expenses oaniot bil to oontinaé, and the rovonuea ontinue ta inorea8o when -as will soon ie m oompliehed - the traok is extended rom the present terminus ;it South Ha■on, to the whurvos. - liailicay lietieic. - ■ Ti. Jenkins Jenaings bas been inLÍcted for libelling Gen. Kilpatrick.