We noticed in the PERMO's we were given in the assignment, one of the companies listed is "Beatrice," yet we cannot find any record of this company in the DJIA. Maybe you can clarify this for us?

As you will find from the 1970 table, Swift WAS in the DJIA; it was later acquired by Beatrice, which then went private in 1986. You would then use your cash proceeds from Beatrice and reinvest in the remaining 4 stocks. Or not, leave it in money market (not a good choice).