According to a comment by editorgrrl in this r/TheWayWeWere reddit post, it is a joke.
Life magazine (sometimes called “old Life”) was a parody published by graduates of the Harvard Lampoon.
[The] image is one of ten fake personal ads from volume 27, number 679. Transcription of the two which appear on page 121 at the link...
https://archive.org/details/life2728mitc/page/n9/mode/1up
Another version they gave: