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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 GPFsGdm9gAm+uYGrYjyHOJJVANp8no+meVXI8u0MTB08qB1zPfQSLR4EXExBWFrq
 2Zq8eoTIT8SbP8InWjoFXA==

<SEC-DOCUMENT>/in/edgar/work/20000821/0000093751-00-000149/0000093751-00-000149.txt : 20000922
<SEC-HEADER>0000093751-00-000149.hdr.sgml : 20000922
ACCESSION NUMBER:		0000093751-00-000149
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20000731
FILED AS OF DATE:		20000821

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:		706573
</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:			SERGEL RICHARD P
							CENTRAL INDEX KEY:			0001095170
							STANDARD INDUSTRIAL CLASSIFICATION:	 [
]<RELATIONSHIP>DIRECTOR
</COMPANY-DATA>

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

								BUSINESS ADDRESS:	
									STREET 1:		NEW ENGLAND ELECTRIC SYSTEM
									STREET 2:		25 RESEARCH DR
									CITY:			WESTBOROUGH
									STATE:			MA
									ZIP:			01582
</BUSINESS-ADDRESS>

									MAIL ADDRESS:	
										STREET 1:		NEW ENGLAND ELECTRIC SYSTEM
										STREET 2:		25 RESEARCH DR
										CITY:			WESTBOROUGH
										STATE:			MA
										ZIP:			01582
</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
   Sergel, Richard P.
   National Grid U.S.A.
   25 Research Drive
   Westborough, MA  01582
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)
   (X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
   (specify below)

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               |7/1/00|A(1)|V|424               |A  |106.0625   |1,659              |D     |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<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>
                      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
(1) Payment of director's deferred stock award exempt under Rule
16b-3(d).
SIGNATURE OF REPORTING PERSON
/s/Richard P. Sergel
DATE
8/10/00

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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