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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
OMB APPROVAL
OMB Number 3235-0145
Expires: October 3l, 1994
Estimated average burden
hours per response . . . 14.90
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.______)*
Commonwealth Edison Company
------------------------------------------------------------------------
(Name of Issuer)
$8.40 Cumulative Preference Stock (without par value)
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(Title of Class of Securities)
202795878
----------------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [X]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
PAGE 1 OF 9 PAGES
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CUSIP No. 202795878 13G Page 2 of 9 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John Hancock Mutual Life Insurance Company
I.R.S. No. 04-1414660
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
N/A
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Commonwealth of Massachusetts
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
Number of
Shares -0-
------------------------------------------------------------------
Beneficially 6 SHARED VOTING POWER
Owned by
Each -0-
------------------------------------------------------------------
Reporting 7 SOLE DISPOSITIVE POWER
Person
With -0-
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None, except through its indirect, wholly-owned subsidiary,
John Hancock Advisers, Inc.
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
See line 9, above.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IC, BD, IA, HC
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 2 OF 9 PAGES
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CUSIP No. 202795878 13G Page 3 of 9 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John Hancock Subsidiaries, Inc.
I.R.S. No. 04-2687223
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
N/A
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
Number of
Shares -0-
------------------------------------------------------------------
Beneficially 6 SHARED VOTING POWER
Owned by
Each -0-
------------------------------------------------------------------
Reporting 7 SOLE DISPOSITIVE POWER
Person
With -0-
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None, except through its indirect, wholly-owned subsidiary,
John Hancock Advisers, Inc.
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
See line 9, above.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 3 OF 9 PAGES
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CUSIP No. 202795878 13G Page 4 of 9 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Berkeley Financial Group
I.R.S. No. 04-3145626
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
N/A
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Commonwealth of Massachusetts
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
Number of
Shares -0-
------------------------------------------------------------------
Beneficially 6 SHARED VOTING POWER
Owned by
Each -0-
------------------------------------------------------------------
Reporting 7 SOLE DISPOSITIVE POWER
Person
With -0-
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None, except through its direct, wholly-owned subsidiary,
John Hancock Advisers, Inc.
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
See line 9, above.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 4 OF 9 PAGES
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CUSIP No. 202795878 13G Page 5 of 9 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John Hancock Advisers, Inc.
I.R.S. No. 04-2441573
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
N/A
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
Number of
Shares 79,578
------------------------------------------------------------------
Beneficially 6 SHARED VOTING POWER
Owned by
Each -0-
------------------------------------------------------------------
Reporting 7 SOLE DISPOSITIVE POWER
Person
With 79,578
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
79,578
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.6%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IA
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 5 OF 9 PAGES
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The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative other than an executive
officer or general partner of the filing person, evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission.
Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001)
Item 1(a) Name of Issuer:
--------------
Commonwealth Edison Company
Item 1(b) Address of Issuer's Principal Executive Offices:
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1 First National Plaza, 37th Floor
Chicago, Illinois 60603
Item 2(a) Name of Person Filing:
---------------------
This filing is made on behalf of John Hancock Mutual Life
Insurance Company ("JHMLICO"), JHMLICO's wholly-owned
subsidiary, John Hancock Subsidiaries, Inc. ("JHSI"), JHSI's
wholly-owned subsidiary, The Berkeley Financial Group ("TBFG")
and TBFG's wholly-owned subsidiary, John Hancock Advisers,
Inc. ("JHA").
Item 2(b) Address of the Principal Offices:
--------------------------------
The principal business offices of JHMLICO and JHSI are located
at John Hancock Place, P.O. Box 111, Boston, MA 02117. The
principal business offices of TBFG and JHA are located at 101
Huntington Avenue, Boston, MA 02199.
Item 2(c) Citizenship:
-----------
JHMLICO and TBFG were organized and exist under the laws of
the Commonwealth of Massachusetts. JHSI and JHA were organized
and exist under the laws of the State of Delaware.
Item 2(d) Title of Class of Securities:
----------------------------
$8.40 Cumulative Preference Stock (without par value).
Item 2(e) CUSIP Number:
------------
202795878
Item 3 If the Statement is being filed pursuant to Rule 13d-1(b), or
-------------------------------------------------------------
13d-2(b), check whether the person filing is a:
----------------------------------------------
JHMLICO: (a) (X) Broker or Dealer registered under (S)15 of
the Act.
(c) (X) Insurance Company as defined in (S)3(a)(19)
of the Act.
(e) (X) Investment Adviser registered under (S)203 of
the Investment Advisers Act of 1940.
(g) (X) Parent Holding Company, in accordance with
(S)240.13d-1(b)(ii)(G).
PAGE 6 OF 9 PAGES
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JHSI: (g) (X) Parent Holding Company, in accordance with
(S)240.13d-1(b)(ii)(G).
TBFG: (g) (X) Parent Holding Company, in accordance with
(S)240.13d-1(b)(ii)(G).
JHA: (e) (X) Investment Adviser registered under (S)203 of
the Investment Advisers Act of 1940.
Item 4 Ownership:
---------
(a) Amount Beneficially Owned:
-------------------------
JHA has direct beneficial ownership of 79,578 shares
of $8.40 Cumulative Preference Stock (without par
value). Through their parent-subsidiary relationship
to JHA, JHMLICO, JHSI and TBFG have indirect
beneficial ownership of these same shares. The shares
are held by three closed-end diversified management
companies registered under (S)8 of the Investment
Company Act.
Patriot Premium Dividend Fund I - 23,873 shares;
Patriot Premium Dividend Fund II - 31,830 shares;
Patriot Global Dividend Fund - 23,875 shares.
(b) Percent of Class: 10.6%
----------------
(c) (i) sole power to vote or to direct the vote:
JHA has sole power to vote or to direct the vote of
the 79,578 shares of the cumulative preference
stock under the following Advisory Agreements:
Patriot Premium Dividend Fund I dated 5/6/92;
Patriot Premium Dividend Fund II dated 5/6/92;
Patriot Global Dividend Fund dated 7/24/93.
(ii) shared power to vote or to direct the
vote: -0-
(iii) sole power to dispose or to direct the disposition
of: JHA has sole power to dispose or to direct the
disposition of 79,578 shares of the cumulative
preference stock under the Advisory Agreements
noted in Item 4(c)(i) above.
(iv) shared power to dispose or to direct the
disposition of: -0-
Item 5 Ownership of Five Percent or Less of a Class:
--------------------------------------------
Not applicable.
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
---------------------------------------------------------------
None, other than the relationship between JHA and the three
diversified management companies and their stockholders noted
above.
PAGE 7 OF 9 PAGES
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Item 7 Identification and Classification of the Subsidiary which
---------------------------------------------------------
Acquired the Security Being Reported on by the Parent Holding
-------------------------------------------------------------
Company:
-------
Not applicable.
Item 8 Identification and Classification of Members of the Group:
---------------------------------------------------------
Not applicable.
Item 9 Notice of Dissolution of a Group:
--------------------------------
Not applicable.
Item 10 Certification:
-------------
By signing below the undersigned certifies that, to the best of
its knowledge and belief, the securities referred to above were
acquired in the ordinary course of business and were not
acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as a
participant in any transaction having such purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, each
of the undersigned certifies that the information set forth in this statement is
true, complete and correct.
JOHN HANCOCK MUTUAL LIFE INSURANCE COMPANY
By: /s/ John T. Farady
---------------------------------------
Name: John T. Farady
-------------------------------------
Dated: June 7, 1994 Title: Vice President & Treasurer
--------------- ------------------------------------
JOHN HANCOCK SUBSIDIARIES, INC.
By: /s/ John T. Farady
---------------------------------------
Name: John T. Farady
-------------------------------------
Dated: June 7, 1994 Title: Vice President & Treasurer
--------------- ------------------------------------
THE BERKELEY FINANCIAL GROUP
By: /s/ Susan S. Newton
---------------------------------------
Name: Susan S. Newton
-------------------------------------
Dated: June 7, 1994 Title: Vice President
--------------- ------------------------------------
JOHN HANCOCK ADVISERS, INC.
By: /s/ Susan S. Newton
---------------------------------------
Name: Susan S. Newton
-------------------------------------
Dated: June 7, 1994 Title: Vice President
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PAGE 8 OF 9 PAGES
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EXHIBIT A
JOINT FILING AGREEMENT
----------------------
John Hancock Mutual Life Insurance Company, John Hancock Subsidiaries,
Inc., The Berkeley Financial Group and John Hancock Advisers, Inc. agree that
the initial Schedule 13G, to which this Agreement is attached, relating to the
$8.40 Cumulative Preference Stock (without par value) of Commonwealth Edison
Company, is filed on behalf of each of them.
JOHN HANCOCK MUTUAL LIFE INSURANCE COMPANY
By: /s/ John T. Farady
---------------------------------------
Name: John T. Farady
-------------------------------------
Dated: June 7, 1994 Title: Vice President & Treasurer
--------------- ------------------------------------
JOHN HANCOCK SUBSIDIARIES, INC.
By: /s/ John T. Farady
---------------------------------------
Name: John T. Farady
-------------------------------------
Dated: June 7, 1994 Title: Vice President & Treasurer
--------------- ------------------------------------
THE BERKELEY FINANCIAL GROUP
By: /s/ Susan S. Newton
---------------------------------------
Name: Susan S. Newton
-------------------------------------
Dated: June 7, 1994 Title: Vice President
--------------- ------------------------------------
JOHN HANCOCK ADVISERS, INC.
By: /s/ Susan S. Newton
---------------------------------------
Name: Susan S. Newton
-------------------------------------
Dated: June 7, 1994 Title: Vice President
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PAGE 9 OF 9 PAGES
