Two undergraduate publications yesterday fought desperately to keep the wolf from the door, one in vain, as financial disaster faced the Lampoon and the new defunct Monthly.

The Monthly, which only published for a single year, has disappeared and its officers with it. The offices have been vacated, and none of last year's staff could be located.

In the Funnyman headquarters on Mount Auburn Street, officers were still to be found. Gloom pervaded the Lampoon cubicle, as President William Calfee admitted that paid subscriptions totalled seven. Incorporated a few years age, the humorous publication contemplates placing a fourth mortgage on its architectural monstrosity or floating a new bond issue.

Creditors of the Monthly were uncertain as to the action they would take. All bills have been returned unopened, and no representative of the magazine could be located in order to secure even a partial settlement.

The former offices of the Monthly have been turned into rooms for students and the University and the telephone company declared that the phone had been disconnected. The sudden decease of the Monthly leaves the literary field open to the Advocate after competing for less than 18 months with the "Mother".

In case the Lampoon decides to cease publishing and turn over its building to the Cambridge Trust, the only humorous magazine remaining will be the Guardian.