Show Copper Merger Is Near Completion NEW YORK I Sept Sept 18 The Pj The Te pending long long merger of or the Calumet Arizona Mining company and Phelps Dodge corporation it t was reported unofficially in Wall Wal street today seems assured as it i is understood understood understood under under- stood that the managements of both corporations have well wel above the re required required required re- re number nuber of proxies to assure asue approval of the combine Calumet Arizona stockholders will wJ hold a special meeting in WIlmington Wilmington Wil Vii Del Del next Monday and are expected to approve e the merger of offer offer of- of fer ter of Phelps Dodge The latter later has offered 3 4 1 shares of Phelps Dodge common for each ench share of Calumet Arizona stock after a dividend of ot 2 50 has ha been declared on the latter later for the properties and assets of the company Shareholders of Phelps Dodge will wi meet in New York Monday Stockholders Stockholders Stockholders Stock Stock- holders will wi vote upon the proposed increase in the number of outstanding ing shares so as to complete the merger merger merger mer mer- ger and also to change chanse a certain obsolete obsolete obsolete ob ob- ob- ob solete law by the amendment of which is necessary to pave the way for I consummation of the deaL |