In most cases, MERGE has different uses.
SIGN goes back to at least Fortran II, when it would have been
called SIGNF.
Note that on sign-magnitude machines, it can be done by just replacing
the sign bit with the sign bit from another register.
Manuals for the instruction set of the 704 and 709 are available.
I believe that there is some work toward running IBSYS and the
Fortran II compiler on emulated 7090s. It would then be possible
to compiler a program using SIGNF or XSIGNF and see the generated
code. (The 704 through 7094 are sign magnitude in both fixed
and floating point.)
For extra challenge, someone should write a Fortran 90 compiler
for the 7090. (Too much to ask for 2003 or 2008.)
-- glen