Ran into a similar issue.
This is linked to using a non LTS version of Ubuntu called an "End of life version". As those have discontinued support. You can check if your Ubuntu is at the end of life version on this link.
The simplest solution is to do the following two steps:
sudo cp /etc/apt/sources.list /etc/apt/sources.list.backup
Open the sources file /etc/apt/sources.list
and rename all the instances of us.archive or archive in
http://us.archive.ubuntu.com/ubuntu/
to
http://old-releases.ubuntu.com/ubuntu/
Also do the same for the http://security.ubuntu.com/ubuntu/dists/saucy-security/universe/binary-i386/Packages
Run sudo apt-get update
after doing the above.
That should fix the issue.
Warning: Please update your ubuntu to an LTS version as soon as possible otherwise you won't be getting the latest security patches. This is definitely not a solution that you would deploy on production machines.