Show Hu r U f f S MERGER lO LOOMS M Sears Roebuck Penney Now Arranging Combine C CHICAGO AGO Dec 3 UP A UP-A A merger of Sears Roebuck Roebuck Roebuck Roe Roe- buck Co and the J. J C Penney I cl company pany to form the largest mer mer- organization I in the world was Yas in the negotiation stage to today to to- day Scar Scara Co is the lead ing nan mall order house in the coun- coun dIstrIbutors while the Penney try and aj unon amon ong tho the lar largest cst retail c company has hns the tho Jar largest department depart depart- ment merit st store r Chain In the world Sears Sara Roebuck with more moro than OO stores stores- tore tores had hind an estimated business this ear year an and the Penney Pen ney company with more than 1200 stores store estimated business of ut 00 OO- OO Pre President R. R E. E Wood of ot Sears Scars Roebuck Co Go said L OIL do n not t know th toe e details of ot tho negotiations nc but other officers are trying to o. o work them out p that GImbel Brothers Hy Hc denied was Involved in th the prop proposed merC mer mer- C ger v. v bi 00 r |