SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Detroit Edison Company
(Name of Issuer)
7.45% Cumulative Preferred
(Title of Class of Securities)
250847506
(CUSIP Number)
* 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 6 Pages
CUSIP No. 250847506
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos.
of Above Persons
The Colonial Group, Inc.; 04-2934627
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) [ ]
(b) [ ]
3) SEC Use Only
4) Citizenship or Place of Organization
Commonwealth of Massachusetts
Number of Shares Beneficially Owned as of December 31, 1996, by
Each Reporting Person With
5) Sole Voting Power: --
6) Shared Voting Power: --
7) Sole Dispositive Power: --
8) Shared Dispositive Power: 0
9) Aggregate Amount Beneficially Owned by Each Reporting Person
0
10) Check if the Aggregate Amount in Row 9 Excludes Certain
Shares (See Instructions)
[ ]
11) Percent of Class Represented by Amount in Row 9
0%
12) Type of Reporting Person (See Instructions)
HC
Page 2 of 6 Pages
CUSIP No. 250847506
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos.
of Above Persons
Colonial Management Associates, Inc.; 04-2271697
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) [ ]
(b) [ ]
3) SEC Use Only
4) Citizenship or Place of Organization
Commonwealth of Massachusetts
Number of Shares Beneficially Owned as of December 31, 1996, by
Each Reporting Person With
5) Sole Voting Power: --
6) Shared Voting Power: --
7) Sole Dispositive Power: --
8) Shared Dispositive Power: 0
9) Aggregate Amount Beneficially Owned by Each Reporting Person
0
10) Check if the Aggregate Amount in Row 9 Excludes Certain
Shares (See Instructions)
[ ]
11) Percent of Class Represented by Amount in Row 9
0%
12) Type of Reporting Person (See Instructions)
IA
Page 3 of 6 Pages
Item 1(a) Name of Issuer:
Detroit Edison Company
Item 1(b) Address of Issuer's Principal Executive Offices:
2000 Second Avenue
Detroit, MI 48226
Item 2(a) Name of Person Filing:
See Item 1) of attached cover sheets
Item 2(b) Address of Principal Business Office or, if none,
Residence:
One Financial Center
Boston, Massachusetts 02111
Item 2(c) Citizenship:
See Item 4) of attached cover sheets
Item 2(d) Title of Class of Securities:
7.45% Cumulative Preferred
Item 2(e) CUSIP Number:
250847506
Item 3 Type of Reporting Person:
(e) [ X ] Investment Adviser registered under section
203 of the Investment Advisers Act of 1940
(g) [ X ] Parent Holding Company, in accordance with
Section 240.13d-1(b)(ii)(G) (Note See Item 7)
Item 4 Ownership:
(a) Amount Beneficially Owned: 0 shares
(b) Percent of Class: 0%
(c)(i) sole power to vote or to direct the vote: --
(ii) shared power to vote or to direct the vote: --
(iii) sole power to dispose or to direct the disposition of: --
(iv) shared power to dispose or to direct the disposition of: 0
Item 5 Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact
that as of the date hereof the reporting person has
ceased to be the beneficial owner of more than five
percent of the class of securities, check the following
[X]
Item 6 Ownership of More Than Five Percent on Behalf of Another
Person
N/A
Page 4 of 6 Pages
Item 7 Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the
Parent Holding Company
Colonial Management Associates, Inc.
One Financial Center
Boston, Massachusetts 02111
04-2271697; IA
Item 8 Identification and Classification of Members of the
Group
N/A
Item 9 Notice of Dissolution of Group
N/A
Item 10 Certification
By signing below we certify that, to the best of our
knowledge and belief, the securities referred to above
were 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 for effect.
Signature
After reasonable inquiry and to the best of our
knowledge and belief, we certify that the information
set forth in this statement is true, complete and
correct.
Date: February 11, 1997
THE COLONIAL GROUP, INC.
COLONIAL MANAGEMENT ASSOCIATES, INC.
ARTHUR O. STERN
Signature
Arthur O. Stern, Executive Vice President
Name/Title
Page 5 of 6 Pages
EXHIBIT A
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f)(1) under the Securities
Exchange Act of 1934, as amended, the undersigned hereby agree to
the joint filing with each other of the attached statement on
Schedule 13G and to all amendments to such statement and that
such statement and all amendments to such statement is made on
behalf of each of them.
IN WITNESS WHEREOF, the undersigned hereby execute this agreement
on February 11, 1997.
COLONIAL MANAGEMENT ASSOCIATES, INC.
THE COLONIAL GROUP, INC.
By: ARTHUR O. STERN
Arthur O. Stern
Executive Vice President
Page 6 of 6 Pages