The Waterbury Democrat., 1946-12-28
Democrat TerminuteS 
 Mol0ney Fomily
 Sells Newspaper
 To Competitor

The Waterbury Democrat will cease publication with today's issue,
 Publisher E. Vincent Maloney thas morning issued a statement ia whicG, he announced that publication would end with this edition and that assets of the corporation had been sold ec the Waterbury American-Republi- can, Inc,
 Established in 1881 by the late Cornelius Maloney as a weekly, Ths Democrat has been continuously published ever since, moving into the daily field ia 1887, h the early years of the Valley Democrat and the Sum day Democrat Mir, Maloney was aS- sociated with his brother, the late Michael T, Maloney, Another bcoth- CT, Edward l.. Maloney, also was 'aS- sociated with The Democrat until his death in ls42, Sons and daughters of Cornelius Maloney continued the publication of the paper after his death in i9l4.
 Building Remains tn Family
 The Democrat has been published in its present building ct the corner of Grand and Canal Streets since 1917, when owners of the paper built the five-Stovy structure that houses the newspaper plant and the Hadley Furniture Company, Prior to that the newspaper was located several doors west on Grand Street, the present wATR building, The Demo- crat moved into this building in 1895. Before that it had been located on South Main Street.
 According to announced plans the building does not figure in the sale Of the newspaper, but will continue to be owned and managed by mem- bers of the Maloney family, The physical assets of the plant, which were acquired by The American-Re- publican, Inc, will be disposed of by the new owners at their own dis cretion.
 The management Of The Democrat also announced this morning that the business office of the company will be open daily until all matters pertaining to its operation have been settled. Adjustments for subscrip- tions, and advertising, as well as settlement of accounts for saAze same, will be handled during cus- tomazy business hours.
 The Democrat was the last Con- necticut daily engaging in competi- tive evening trade. Boston now re- mains the sole New England city where evening competition in the newspaper field exists.
 In a statement, signed by Publish CT Maloney, the management pointed out that unsettled current conditions and uncertain prospects figured in the decision of sale. He further ann plified this today by pointing out the rise in the cost of newSprint since l940 from $50 to $85 a ton; and increases in total payrolls of 50 per- cent, also in the same period.
 The Democrat began publication in Waterbury on July 3i, 1881, with a weekly called the Valley Democrat, which appeared on Saturdays. On January 3, 1886, this became the Sunday Democrat and on December 5, 1887, the Evening Democrat.
 The late Martin Scully, mayor of Waterbury during World War I, was associated with The Democrat in many capacities, both prior to his mayoralty and after it. Stephen J. Meany. noted Irish patriot, writer, and editor, was also an associate edi- tor of the paper before the turn of the century. But primarily The Dem- ocrat was owned and operated by the one family from its beginning in 1881.