Big Mercantile Firm Fails

Hot Springs, Ark., Sept. 8.- The William J. Little Mercantile company, the oldest and largest Wholesale and retail establishment in this city, ciosed its doors Tuesday. The liabilities are placed at $80,000' and the assets exceed that amount several thousand dollars. Dull business, shrinkage in values and slow collections are the causes to whieh the faliure is attributed. Colonel John J. Sumpter was appointed receiver and it is believed the firm will arrange matters so as to resume.