-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Btd2JHDic6FUg2PJEOMy8HgxpUuluj/IQaVdDA0vd/NgH8Km3vr9wzxRT/Kd1Pm1
 qc5UuBDv4Q2eW4l7idBCZg==

<SEC-DOCUMENT>/in/edgar/work/20000804/0000093751-00-000116/0000093751-00-000116.txt : 20000921
<SEC-HEADER>0000093751-00-000116.hdr.sgml : 20000921
ACCESSION NUMBER:		0000093751-00-000116
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20000731
FILED AS OF DATE:		20000804

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STATE STREET CORP
		CENTRAL INDEX KEY:			0000093751
		STANDARD INDUSTRIAL CLASSIFICATION:	 [6022
]		IRS NUMBER:				042456637
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231
</COMPANY-DATA>

		FILING VALUES:
			FORM TYPE:		4
			SEC ACT:		
			SEC FILE NUMBER:	001-07511
			FILM NUMBER:		686500
</FILING-VALUES>

			BUSINESS ADDRESS:	
				STREET 1:		225 FRANKLIN ST
				CITY:			BOSTON
				STATE:			MA
				ZIP:			02110
				BUSINESS PHONE:		6177863000
</BUSINESS-ADDRESS>

				MAIL ADDRESS:	
					STREET 1:		225 FRANKLIN STREET
					CITY:			BOSTON
					STATE:			MA
					ZIP:			02110
</MAIL-ADDRESS>

					FORMER COMPANY:	
						FORMER CONFORMED NAME:	STATE STREET BOSTON FINANCIAL CORP
						DATE OF NAME CHANGE:	19780525
</FORMER-COMPANY>
</SUBJECT-COMPANY>
<REPORTING-OWNER>

						COMPANY DATA:	
							COMPANY CONFORMED NAME:			SHELTON STANLEY W
							CENTRAL INDEX KEY:			0001082332
							STANDARD INDUSTRIAL CLASSIFICATION:	 [
]<RELATIONSHIP>OFFICER
</COMPANY-DATA>

							FILING VALUES:
								FORM TYPE:		4
</FILING-VALUES>

								BUSINESS ADDRESS:	
									STREET 1:		STATE STREET CORP
									STREET 2:		225 FRANKLIN ST
									CITY:			BOSTON
									STATE:			MA
									ZIP:			02110
									BUSINESS PHONE:		6177863000
</BUSINESS-ADDRESS>

									MAIL ADDRESS:	
										STREET 1:		STATE STREET CORP
										STREET 2:		225 FRANKLIN ST
										CITY:			BOSTON
										STATE:			MA
										ZIP:			02110
</MAIL-ADDRESS>
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>0001.txt
<DESCRIPTION>FORM 4 - 7/31/00
<TEXT>

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
   Shelton, Stanley W.
   State Street Corporation
   225 Franklin Street
   Boston, MA  02110
2. Issuer Name and Ticker or Trading Symbol
   State Street Corporation
   STT
3. IRS or Social Security Number of Reporting Person (Voluntary)

4. Statement for Month/Year
   7/31/00
5. If Amendment, Date of Original (Month/Year)

6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
   (specify below)
   Executive Vice President
7. Individual or Joint/Group Filing (Check Applicable Line)
   (X) Form filed by One Reporting Person
   ( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned                                                 |
___________________________________________________________________________________________________________________________________|
1. Title of Security       |2.    |3.    |4.Securities Acquired (A)         |5.Amount of        |6.Dir |7.Nature of Indirect       |
                           | Transaction |  or Disposed of (D)              |  Securities       |ect   |  Beneficial Ownership     |
                           |      |      |                                  |  Beneficially     |(D)or |                           |
                           |      |    | |                  | A/|           |  Owned at         |Indir |                           |
                           | Date |Code|V|    Amount        | D |    Price  |  End of Month     |ect(I)|                           |
___________________________________________________________________________________________________________________________________|
<S>                        <C>    <C>  <C><C>               <C> <C>         <C>                 <C>    <C>
Common Stock               |6/30/0|F   |V|809               |D  |106.00     |23,051             |D     |                           |
                           |0     |    | |                  |   |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned                                                   |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Con-  |3.   |4.    |5.Number of De |6.Date Exer|7.Title and Amount  |8.Price|9.Number    |10.|11.Nature of|
  Security            |version |Transaction | rivative Secu |cisable and|  of Underlying     |of Deri|of Deriva   |Dir|Indirect    |
                      |or Exer |     |      | rities Acqui  |Expiration |  Securities        |vative |tive        |ect|Beneficial  |
                      |cise    |     |      | red(A) or Dis |Date(Month/|                    |Secu   |Securities  |(D)|Ownership   |
                      |Price of|     |      | posed of(D)   |Day/Year)  |                    |rity   |Benefi      |or |            |
                      |Deriva- |     |      |               |Date |Expir|                    |       |ficially    |Ind|            |
                      |tive    |     |      |           | A/|Exer-|ation|   Title and Number |       |Owned at    |ire|            |
                      |Secu-   |     |    | |           | D |cisa-|Date |   of Shares        |       |End of      |ct |            |
                      |rity    |Date |Code|V|  Amount   |   |ble  |     |                    |       |Month       |(I)|            |
___________________________________________________________________________________________________________________________________|
<S>                   <C>      <C>   <C>  <C><C>        <C> <C>   <C>   <C>          <C>     <C>     <C>          <C> <C>
Employee Stock Option |16.2500 |2/16/|    | |           |   |2/16/|2/15/|Common Stock|3,076  |       |            |   |            |
(right to buy)        |        |95   |    | |           |   |00   |05   |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option |56.2500 |12/18|    | |           |   |12/18|12/17|Common Stock|8,500  |       |            |   |            |
(right to buy)        |        |/97  |    | |           |   |/98- |/07  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |12/18|     |            |       |       |            |   |            |
                      |        |     |    | |           |   |/00  |     |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option |67.4375 |12/17|    | |           |   |12/17|12/16|Common Stock|38,500 |       |            |   |            |
(right to buy)        |        |/98  |    | |           |   |/99- |/08  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |12/17|     |            |       |       |            |   |            |
                      |        |     |    | |           |   |/01  |     |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option |72.9688 |12/18|    | |           |   |12/18|12/17|Common Stock|6,000  |       |            |   |            |
(right to buy)        |        |/99  |    | |           |   |/00- |/09  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |12/18|     |            |       |       |            |   |            |
                      |        |     |    | |           |   |/02  |     |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option |69.2813 |12/16|    | |           |   |12/16|12/15|Common Stock|34,900 |       |            |   |            |
(right to buy)        |        |/99  |    | |           |   |/00- |/09  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |12/16|     |            |       |       |            |   |            |
                      |        |     |    | |           |   |/02  |     |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
SIGNATURE OF REPORTING PERSON
/s/Stanely W. Shelton
DATE
8/3/00

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
