STATE STREET RESEARCH CAPITAL TRUST
485BPOS, EX-99.B18(G), 2001-01-12
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                                  Exhibit 18(g)

                                POWER OF ATTORNEY




     The undersigned, as Chairman of the Board of Trustees, Trustee and
principal executive officer of State Street Research Capital Trust ("Trust"), a
Massachusetts business trust, hereby constitutes and appoints Francis J.
McNamara, III and Darman A. Wing as the true and lawful attorneys of the
undersigned, with full power to each of them alone to sign for the undersigned,
in the name and in the capacity of the undersigned indicated below, any
Registration Statements and any and all amendments thereto of the Trust filed
with the Securities and Exchange Commission and generally to do all such things
in the name and in the indicated capacity of the undersigned as are required to
enable the Trust to comply with provisions of the Securities Act of 1933, as
amended, and/or the Investment Company Act of 1940, as amended, and all
requirements and regulations of the Securities and Exchange Commission, hereby
ratifying and confirming the signature of the undersigned as it has been and may
be signed by said attorneys to said Registration Statements, and any and all
amendments thereto.


     IN WITNESS WHEREOF, executed the 12th day of January, 2001



SIGNATURE                           CAPACITY



/s/ Richard S. Davis                Chairman of the Board of Trustees, Trustee
--------------------                and principal executive officer
    Richard S. Davis


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