<PAGE> PAGE 1
000 B000000 07/31/94
000 C000000 852204
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 FREEDOM INVESTMENT TRUST III
001 B000000 811-5732
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 2
007 C010100 1
007 C020100 JOHN HANCOCK FREEDOM ENVIRONMENTAL FUND
007 C030100 N
007 C010200 2
007 C020200 JOHN HANCOCK DISCOVERY FUND
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 BROKER DISTRIBUTION SERVICES INC
011 B00AA01 8-43582
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02155
011 C04AA01 7603
011 A00AA02 FREEDOM DISTRIBUTORS CORPORATION
<PAGE> PAGE 2
011 B00AA02 8-37458
011 C01AA02 BOSTON
011 C02AA02 MA
011 C03AA02 02108
012 A00AA01 JOHN HANCOCK FUND SERVICES, INC.
012 B00AA01 84-1885
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02199
013 A00AA01 ERNST & YOUNG
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02116
014 A00AA01 JOHN HANCOCK DISTRIBUTORS, INC.
014 B00AA01 8-13995
014 A00AA02 JOHN HANCOCK BROKER DISTRIBUTION SERVICES INC
014 B00AA02 8-43582
014 A00AA03 TUCKER ANTHONY, INC.
014 B00AA03 8-24297
014 A00AA04 SUTRO & CO., INC.
014 B00AA04 8-7981
015 A00AA01 STATE STREET BANK & TRUST CO.
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
015 A00AA02 CITIBANK, N.A.
015 B00AA02 S
015 C01AA02 BUENOS AIRES
015 D01AA02 ARGENTINA
015 E04AA02 X
015 A00AA03 WESTPAC BANKING CORPORATION
015 B00AA03 S
015 C01AA03 MELBOURNE
015 D01AA03 AUSTRALIA
015 E04AA03 X
015 A00AA04 GIROZENTRALE UND BANK DER OESTERREICHISCHEN
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015 C01AA04 VIENNA
015 D01AA04 AUSTRIA
015 E04AA04 X
015 A00AA05 GENERALE BANK
015 B00AA05 S
015 C01AA05 BRUSSELS
015 D01AA05 BELGIUM
015 E04AA05 X
015 A00AA06 CITIBANK, N.A.
015 B00AA06 S
015 C01AA06 BRASILIA
015 D01AA06 BRAZIL
<PAGE> PAGE 3
015 E04AA06 X
015 A00AA07 THE CANADA TRUST COMPANY
015 B00AA07 S
015 C01AA07 TORONTO
015 D01AA07 CANADA
015 E04AA07 X
015 A00AA08 CITIBANK, N.A.
015 B00AA08 S
015 C01AA08 SANTIAGO
015 D01AA08 CHILE
015 E04AA08 X
015 A00AA09 THE HONG KONG AND SHANGHAI BANKING CORP. LTD.
015 B00AA09 S
015 C01AA09 BEIJING
015 D01AA09 CHINA
015 E04AA09 X
015 A00AA10 CITITRUST COLOMBIA S.A. SOCIEDAD FIDUCIARIA
015 B00AA10 S
015 C01AA10 BOGOTA
015 D01AA10 COLOMBIA
015 E04AA10 X
015 A00AA11 DEN DANSKE BANK
015 B00AA11 S
015 C01AA11 COPENHAGEN
015 D01AA11 DENMARK
015 E04AA11 X
015 A00AA12 KANSALLIS-OSAKE-PANKKI
015 B00AA12 S
015 C01AA12 HELSINKI
015 D01AA12 FINLAND
015 E04AA12 X
015 A00AA13 BANQUE PARIBAS
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015 C01AA13 PARIS
015 D01AA13 FRANCE
015 E04AA13 X
015 A00AA14 BERLINER HANDELS-UND FRANKFURTER BANK
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015 C01AA14 FRANKFURT
015 D01AA14 GERMANY
015 E04AA14 X
015 A00AA15 NATIONAL BANK OF GREECE
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015 D01AA15 GREECE
015 E04AA15 X
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<PAGE> PAGE 4
015 A00AA17 STANDARD CHARTERED BANK, INDONESIA
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015 A00AA24 BANK MEES & HOPE N.V.
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015 D01AA25 NEW ZEALAND
015 E04AA25 X
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015 E04AA26 X
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<PAGE> PAGE 5
015 B00AA27 S
015 C01AA27 ISLAMABAD
015 D01AA27 PAKISTAN
015 E04AA27 X
015 A00AA28 STANDARD CHARTERED BANK
015 B00AA28 S
015 C01AA28 MANILA
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015 D01AA29 PORTUGAL
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<PAGE> PAGE 6
015 C01AA37 ISTANBUL
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015 A00AA38 STATE STREET LONDON, LIMITED
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018 00AA00 Y
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<PAGE> PAGE 7
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020 A000006 LEWCO SECURITIES
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020 A000007 LYNCH JONES & RYAN
020 B000007 13-2563801
020 C000007 6
020 A000008 COWEN & CO.
020 B000008 13-5616116
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<PAGE> PAGE 8
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<PAGE> PAGE 9
054 C00AA00 N
054 D00AA00 N
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<PAGE> PAGE 10
068 B00AA00 N
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
SIGNATURE THOMAS H. DROHAN
TITLE SR VICE PRESIDENT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> JOHN HANCOCK FREEDOM ENVIRONMENTAL FUND-CLASS A
<S> <C>
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<PERIOD-END> JUL-31-1994
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<NAME> JOHN HANCOCK FREEDOM ENVIRONMENTAL FUND - CLASS B
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<NAME> JOHN HANCOCK DISCOVERY FUND - CLASS A
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<NAME> JOHN HANCOCK DISCOVERY FUND - CLASS B
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