After 125 years of publication, The Writer magazine announced today that it “will go on hiatus” after its October 2012 issue. The mag is apparently searching desperately for a new buyer.

Our cousins over at Galleycat got a hold of a memo from editor Jeff Reich to contributors: “I’m sorry to announce that The Writer magazine will go on hiatus after the October 2012 issue, which is in production now. Kalmbach Publishing Co., which owns The Writer, is currently looking for a buyer for the magazine, and our hope is that The Writer will re-emerge under the careful stewardship of a new owner.”

The magazine was founded in 1887 by Boston Globe reporters Robert Luce and William H. Hills, who were looking to help fellow journalists hone their prose. Looks like we’re stuck with E.B. White and Elements of Style for all eternity unless a new buyer steps up.