<PAGE> PAGE 1
000 A000000 11/30/95
000 C000000 0000026262
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 JOHN HANCOCK CURRENT INTEREST
001 B000000 811-02485
001 C000000 6173751700
002 A000000 101 HUNTINGTON AVENUE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02199
002 D020000 7603
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C010200 2
007 C020200 JOHN HANCOCK U.S. GOVERNMENT CASH RESERVE
007 C030200 N
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 JOHN HANCOCK ADVISERS, INC.
008 B00AA01 A
008 C00AA01 801-8124
008 D01AA01 BOSTON
008 D02AA01 MA
008 D03AA01 02199
008 D04AA01 7603
011 A00AA01 JOHN HANCOCK FUNDS, INC.
011 B00AA01 8-43582
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02199
011 C04AA01 7603
012 A00AA01 JOHN HANCOCK INVESTOR SERVICES CORPORATION
012 B00AA01 84-1885
012 C01AA01 BOSTON
<PAGE> PAGE 2
012 C02AA01 MA
012 C03AA01 02199
012 C04AA01 7603
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02199
013 B04AA01 7603
014 A00AA01 JOHN HANCOCK DISTRIBUTORS, INC.
014 B00AA01 8-13995
014 A00AA02 JOHN HANCOCK FUNDS, INC.
014 B00AA02 8-43582
014 A00AA03 TUCKER ANTHONY, INC.
014 B00AA03 8-24297
014 A00AA04 SUTRO & CO.
014 B00AA04 8-7981
014 A00AA05 JOHN HANCOCK MUTUAL LIFE INSURANCE COMPANY
014 B00AA05 8-15661
015 A00AA01 STATE STREET BANK & TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 52
019 C00AA00 JOHNHANCOC
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 SMITH BARNEY
022 B000001 13-1912900
022 C000001 534689
022 D000001 0
022 A000002 UBS SECURITIES
022 B000002 04-0474663
022 C000002 534113
022 D000002 0
022 A000003 BANKERS TRUST
022 B000003 13-4941247
022 C000003 204076
022 D000003 0
<PAGE> PAGE 3
022 A000004 LEHMAN BROS.
022 C000004 160490
022 D000004 0
022 A000005 AUBREY LANSTON
022 B000005 13-5552129
022 C000005 15702
022 D000005 0
022 A000006 J.P. MORGAN
022 B000006 13-3224016
022 C000006 13514
022 D000006 0
022 A000007 SANWA BANK
022 C000007 11200
022 D000007 0
022 A000008 FUJI SECURITIES
022 C000008 11159
022 D000008 0
022 A000009 NASIONSBANK SECURITIES
022 C000009 9644
022 D000009 0
022 A000010 GOLDMAN SACHS
022 B000010 13-5108880
022 C000010 9152
022 D000010 0
023 C000000 1513766
023 D000000 0
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
<PAGE> PAGE 4
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
058 B00AA00 N
058 C00AA00 N
058 D00AA00 N
058 E00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 20000
066 A00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
077 A000000 N
078 000000 N
028 A010200 12886
028 A020200 70
028 A030200 0
028 A040200 13250
028 B010200 26915
<PAGE> PAGE 5
028 B020200 78
028 B030200 0
028 B040200 30387
028 C010200 14617
028 C020200 88
028 C030200 0
028 C040200 16485
028 D010200 8432
028 D020200 90
028 D030200 0
028 D040200 11522
028 E010200 12731
028 E020200 99
028 E030200 0
028 E040200 11434
028 F010200 15960
028 F020200 99
028 F030200 0
028 F040200 15720
028 G010200 91541
028 G020200 524
028 G030200 0
028 G040200 98798
028 H000200 18902
029 000200 N
030 A000200 0
030 B000200 0.00
030 C000200 0.00
031 A000200 0
031 B000200 0
032 000200 0
033 000200 0
034 000200 N
035 000200 0
036 B000200 0
037 000200 N
038 000200 0
039 000200 Y
040 000200 Y
041 000200 N
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.000
048 A010200 500000
048 A020200 0.500
048 B010200 250000
048 B020200 0.425
048 C010200 250000
048 C020200 0.375
048 D010200 500000
<PAGE> PAGE 6
048 D020200 0.350
048 E010200 500000
048 E020200 0.325
048 F010200 500000
048 F020200 0.300
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 2500000
048 K020200 0.275
062 A000200 Y
062 B000200 0.0
062 C000200 79.0
062 D000200 18.7
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.3
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 68
063 B000200 0.0
064 A000200 N
065 000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
<PAGE> PAGE 7
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 N
070 N020200 N
070 O010200 N
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 6
072 B000200 744
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 65
072 G000200 0
072 H000200 0
072 I000200 6
072 J000200 14
072 K000200 0
072 L000200 13
072 M000200 4
072 N000200 13
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 16
072 S000200 11
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 2
072 X000200 144
072 Y000200 101
<PAGE> PAGE 8
072 Z000200 701
072AA000200 0
072BB000200 0
072CC010200 0
072CC020200 0
072DD010200 701
072DD020200 0
072EE000200 0
073 A010200 0.0287
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 128
074 B000200 4191
074 C000200 17690
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 1
074 L000200 384
074 M000200 17
074 N000200 22411
074 O000200 0
074 P000200 10
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 3
074 S000200 0
074 T000200 22398
074 U010200 22398
074 U020200 0
074 V010200 1.00
074 V020200 0.00
074 W000200 1.0000
074 X000200 288
074 Y000200 0
075 A000200 24607
075 B000200 0
076 000200 0.00
SIGNATURE THOMAS H. DROHAN
TITLE SR. VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 021
<NAME> JOHN HANCOCK U.S. CASH RESERVE
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-30-1996
<PERIOD-START> JUN-01-1995
<PERIOD-END> NOV-30-1995
<INVESTMENTS-AT-COST> 21,881,375
<INVESTMENTS-AT-VALUE> 21,881,375
<RECEIVABLES> 384,801
<ASSETS-OTHER> 144,929
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 22,411,105
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13,272
<TOTAL-LIABILITIES> 13,272
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 22,397,833
<SHARES-COMMON-STOCK> 22,397,833
<SHARES-COMMON-PRIOR> 29,130,715
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 22,397,833
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 743,592
<OTHER-INCOME> 0
<EXPENSES-NET> 42,882
<NET-INVESTMENT-INCOME> 700,710
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 700,710
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 700,710
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 91,541,288
<NUMBER-OF-SHARES-REDEEMED> 98,797,765
<SHARES-REINVESTED> 523,595
<NET-CHANGE-IN-ASSETS> (6,732,882)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 61,258
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 143,746
<AVERAGE-NET-ASSETS> 24,503,206
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.03
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.35
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>