If you just want the column, as is, you should be able to copy/paste it into
Word.

If you want the hyperlink from each row separately, things are more
difficult. You /may/ be able to do something along the following lines:
a. Open the spreadsheet
b. in Word, create your merge main document in the usual way
c. Select the heading cell of the Excel column contiaining the Hyperlinks,
and Edit|Copy.
d. In word at the point where you want the hyperlink, Edit|Paste Special,
check the Paste Link button, and choose HTML format (or maybe RTF format)
e. Use Alt-F9 to show the field code in Word. It should be something like

{ LINK Excel.Sheet.8 "C:\\myfolder\\mysheet.xls" Sheet1!R1C2 \a \f 4 \h }

f. Put double quotes around the sheet reference if they are not already
there.

Then insert the following nested field instead of the "1" after the "R"

{ ={ MERGEREC }+1 }

Use ctrl-F9 to insert the {}, don't just type the {} characters.

So now you have something like

{ LINK Excel.Sheet.8 "C:\\myfolder\\mysheet.xls" "Sheet1!R{ ={
MERGEREC }+1 }C2" \a \f 4 \h }

Then try merging to a new document. You will probably have to select the new
document and press F9 to update all the fields.

There are lots of reasons why this process may fail, so if you can't get it
to work I wouldn't try too hard. I also wouldn't rely on it too heavily. For
example, if you select the LINK field and re-execute it with F9, the fields
you added may disappear. You may find it useful to check/uncheck Word
Tools|Options|Print|Update fields and/or Update Links, and it you may also
find it useful to uncheck Word Tools|Options|General|Web
options|Files|Update links on save.

Peter Jamieson