-----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,
 QQArVKS3U7sWK61X5CZAH1i27YH5KNc0LtepxuEQTie1h0ef6Y4czaW50v+IdR1i
 0QTgKC7jkZz+82l0BR+S8Q==

<SEC-DOCUMENT>0000093751-01-500077.txt : 20010820
<SEC-HEADER>0000093751-01-500077.hdr.sgml : 20010820
ACCESSION NUMBER:		0000093751-01-500077
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20010809
FILED AS OF DATE:		20010817

SUBJECT COMPANY:	

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

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07511
		FILM NUMBER:		1717769

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

	MAIL ADDRESS:	
		STREET 1:		225 FRANKLIN STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110

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

COMPANY DATA:	
	COMPANY CONFORMED NAME:			HARBERT TIMOTHY B
	CENTRAL INDEX KEY:			0001082333
	STANDARD INDUSTRIAL CLASSIFICATION:	 []
<RELATIONSHIP>OFFICER

FILING VALUES:
	FORM TYPE:		3

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

MAIL ADDRESS:	
	STREET 1:		STATE STREET CORP
	STREET 2:		225 FRANKLIN ST
	CITY:			BOSTON
	STATE:			MA
	ZIP:			02110
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>edgar.txt
<DESCRIPTION>FORM 3 - 8/9/01
<TEXT>
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
   Harbert, Timothy B.
   State Street Corporation
   225 Franklin Street
   Boston, MA  02110
2. Date of Event Requiring Statement (Month/Day/Year)
   8/9/01
3. IRS or Social Security Number of Reporting Person (Voluntary)

4. Issuer Name and Ticker or Trading Symbol
   State Street Corporation
   STT
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   ( ) Director  ( ) 10% Owner  (X) Officer (give title below) ( ) Other
   (specify below)
   Executive Vice President
6. If Amendment, Date of Original (Month/Day/Year)

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 Beneficially Owned                                                                           |
___________________________________________________________________________________________________________________________________|
1. Title of Security                       |2. Amount of          |3. Ownership    |4. Nature of Indirect                          |
                                           |   Securities         |   Form:        |   Beneficial Ownership                        |
                                           |   Beneficially       |   Direct(D) or |                                               |
                                           |   Owned              |   Indirect(I)  |                                               |
___________________________________________________________________________________________________________________________________|
<S>                                        <C>                    <C>              <C>
Common Stock                               |156,220               |D               |                                               |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock                               |6,284                 |I               |401(k) Plan                                    |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock                               |309                   |I               |(1)                                            |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table II -- Derivative Securitites Beneficially Owned                                                                             |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative   |2.Date Exer-       |3.Title and Amount     |         |4. Conver-|5. Owner-    |6. Nature of Indirect      |
  Security              |  cisable and      |  of Underlying        |         |sion or   |ship         |   Beneficial Ownership    |
                        |  Expiration       |  Securities           |         |exercise  |Form of      |                           |
                        |  Date(Month/      |-----------------------|---------|price of  |Deriv-       |                           |
                        |  Day/Year)        |                       |Amount   |deri-     |ative        |                           |
                        | Date    | Expira- |                       |or       |vative    |Security:    |                           |
                        | Exer-   | tion    |         Title         |Number of|Security  |Direct(D) or |                           |
                        | cisable | Date    |                       |Shares   |          |Indirect(I)  |                           |
___________________________________________________________________________________________________________________________________|
<S>                     <C>       <C>       <C>                     <C>       <C>        <C>           <C>
Employee Stock Option (r|2/17/99  |2/16/04  |Common Stock           |6,184    |9.3125    |D(2)         |                           |
ight to buy)            |         |         |                       |         |          |             |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option (r|2/16/00  |2/15/05  |Common Stock           |8,120    |8.1250    |D(3)         |                           |
ight to buy)            |         |         |                       |         |          |             |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option (r|6/20/01  |6/19/06  |Common Stock           |8,000    |13.20315  |D(3)         |                           |
ight to buy)            |         |         |                       |         |          |             |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option (r|12/19/97-|12/18/06 |Common Stock           |80,000   |15.8750   |D(3)         |                           |
ight to buy)            |         |         |                       |         |          |             |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
                        |12/19/99 |         |                       |         |          |             |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option (r|12/17/99-|12/16/08 |Common Stock           |27,480   |33.71875  |D(4)         |                           |
ight to buy)            |         |         |                       |         |          |             |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
                        |12/17/01 |         |                       |         |          |             |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option (r|12/16/00-|12/15/09 |Common Stock           |24,920   |34.64065  |D(4)         |                           |
ight to buy)            |         |         |                       |         |          |             |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
                        |12/16/02 |         |                       |         |          |             |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option (r|12/21/01-|12/20/10 |Common Stock           |54,200   |60.7375   |D(4)         |                           |
ight to buy)            |         |         |                       |         |          |             |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
                        |12/21/03 |         |                       |         |          |             |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
(1) Units acquired under State Street Corporation's 401(k) Restoration and
Voluntary Deferral Plan and will be settled upon the reporting person's
retirement.
(2) Employee stock option granted pursuant to State Street Corporation 1989
Stock Option Plan in transaction exempt under old Rule 16b-3.
(3) Employee stock option granted pursuant to State Street Corporation 1994
Stock Option and Performance Unit Plan in transaction exempt under old
Rule
16b-3.
(4) Employee stock option granted pursuant to State Street Corporation 1997
Equity Incentive Plan exercisable in 33 1/3% installments over a
three-year
period.
SIGNATURE OF REPORTING PERSON
/s/Timothy B. Harbert
DATE
8/17/01

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