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Commonwealth Edison Co. announced the terms of the sale of $175 million of first mortgage bonds. The offering of 9 1/8 percent bonds, due Jan. 15, 2014, was priced to the public at 99.255 to yield 9.20 percent and is being sold through Salomon Brothers Inc. James J. O`Connor, Edison chairman andpresident, said proceeds would be used to retire at maturity the company`s outstanding $50 million 4 1/4 percent first mortgage bonds Series S, due March 1, and $125 million in 14 7/8 percent debentures Series 6, due March 15.
