<PAGE> PAGE 1
000 B000000 12/31/93
000 C000000 0000766768
000 D000000 N
000 E000000 F
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 STATE STREET EXCHANGE TRUST
001 B000000 811-4256
001 C000000 6174823920
002 A000000 ONE FINANCIAL CENTER
002 B000000 BOSTON
002 C000000 MA
002 D010000 02111
002 D020000 2690
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 STATE STREET EXCHANGE FUND
007 C030100 N
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
020 A000001 SMITH BARNEY SHEARSON, INC.
020 B000001 13-1912900
020 C000001 26
020 A000002 GOLDMAN SACHS & CO.
020 B000002 13-5108880
020 C000002 25
020 A000003 SALOMON BROTHERS INC.
020 B000003 13-3082694
020 C000003 13
020 A000004 MERRILL LYNCH PIERCE FENNER & SMITH, INC.
020 B000004 13-5674085
020 C000004 10
020 A000005 SANFORD C. BERNSTEIN & CO., INC.
020 B000005 13-2625874
020 C000005 9
020 A000006 J.P. MORGAN SECURITIES INC.
<PAGE> PAGE 2
020 B000006 13-3224016
020 C000006 5
020 A000007 PRUDENTIAL SECURITIES INC.
020 B000007 22-2347336
020 C000007 4
020 A000008 MORGAN STANLEY AND CO., INC.
020 B000008 13-2655998
020 C000008 3
020 A000009 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
020 B000009 13-2741729
020 C000009 3
020 A000010 COWEN & CO.
020 B000010 13-5616116
020 C000010 3
021 000000 122
022 A000001 CITIBANK
022 C000001 31040
022 D000001 0
022 A000002 MORGAN GUARANTY TRUST
022 C000002 25465
022 D000002 0
022 A000003 FIRST CHICAGO
022 B000003 36-3595942
022 C000003 24524
022 D000003 0
022 A000004 ASSOCIATES CORP. OF NA
022 C000004 24055
022 D000004 0
022 A000005 AMERICAN EXPRESS CREDIT CORP.
022 C000005 19246
022 D000005 0
022 A000006 LEHMAN BROTHERS
022 B000006 13-2518466
022 C000006 13583
022 D000006 0
022 A000007 COMMERCIAL CREDIT GROUP INC.
022 C000007 8864
022 D000007 0
022 A000008 CHEVRON OIL FINANCE CO.
022 C000008 7472
022 D000008 0
022 A000009 BANKERS TRUST
022 B000009 13-4941247
022 C000009 6713
022 D000009 0
022 A000010 MERRILL LYNCH, PIERCE FENNER & SMITH, INC.
022 B000010 13-5674085
022 C000010 5933
022 D000010 0
023 C000000 224607
023 D000000 59562
<PAGE> PAGE 3
024 00AA00 Y
025 A00AA01 SHEARSON LEHMAN BROTHERS, INC.
025 B00AA01 13-2518466
025 C00AA01 E
025 D00AA01 4372
025 A00AA02 SHEARSON LEHMAN BROTHERS, INC.
025 B00AA02 13-2518466
025 C00AA02 D
025 D00AA02 3081
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
028 A01AA00 0
028 A02AA00 0
028 A03AA00 0
028 A04AA00 127
028 B01AA00 0
028 B02AA00 0
028 B03AA00 0
028 B04AA00 108
028 C01AA00 0
028 C02AA00 89
028 C03AA00 0
028 C04AA00 50
028 D01AA00 0
028 D02AA00 0
028 D03AA00 0
028 D04AA00 64
028 E01AA00 0
028 E02AA00 0
028 E03AA00 0
028 E04AA00 90
028 F01AA00 0
028 F02AA00 236
028 F03AA00 0
028 F04AA00 250
028 G01AA00 0
028 G02AA00 325
028 G03AA00 0
<PAGE> PAGE 4
028 G04AA00 689
028 H00AA00 0
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
066 A00AA00 Y
066 B00AA00 N
066 C00AA00 N
066 D00AA00 Y
066 E00AA00 N
066 F00AA00 N
066 G00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
071 A00AA00 46055
071 B00AA00 51716
071 C00AA00 208413
071 D00AA00 22
072 A00AA00 12
072 B00AA00 82
072 C00AA00 4696
072 D00AA00 0
072 E00AA00 0
072 F00AA00 1051
072 G00AA00 0
072 H00AA00 0
072 I00AA00 68
072 J00AA00 69
072 K00AA00 0
072 L00AA00 16
072 M00AA00 45
072 N00AA00 0
072 O00AA00 0
072 P00AA00 0
<PAGE> PAGE 5
072 Q00AA00 0
072 R00AA00 35
072 S00AA00 2
072 T00AA00 0
072 U00AA00 0
072 V00AA00 0
072 W00AA00 16
072 X00AA00 1302
072 Y00AA00 0
072 Z00AA00 3476
072AA00AA00 14571
072BB00AA00 0
072CC01AA00 0
072CC02AA00 14777
072DD01AA00 3412
072DD02AA00 0
072EE00AA00 0
073 A01AA00 3.4000
073 A02AA00 0.0000
073 B00AA00 0.0000
073 C00AA00 0.0000
074 A00AA00 13
074 B00AA00 0
074 C00AA00 3582
074 D00AA00 0
074 E00AA00 0
074 F00AA00 210733
074 G00AA00 0
074 H00AA00 0
074 I00AA00 0
074 J00AA00 741
074 K00AA00 0
074 L00AA00 404
074 M00AA00 5
074 N00AA00 215478
074 O00AA00 679
074 P00AA00 263
074 Q00AA00 0
074 R01AA00 0
074 R02AA00 0
074 R03AA00 0
074 R04AA00 8383
074 S00AA00 0
074 T00AA00 206153
074 U01AA00 1002
074 U02AA00 0
074 V01AA00 205.81
074 V02AA00 0.00
074 W00AA00 0.0000
074 X00AA00 378
074 Y00AA00 0
<PAGE> PAGE 6
075 A00AA00 0
075 B00AA00 210484
076 00AA00 0.00
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 Y
077 P000000 Y
080 A00AA00 FEDERAL INSURANCE COMPANY
080 C00AA00 10000
081 A00AA00 Y
081 B00AA00 24
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE DOUGLAS A. ROMICH
TITLE ASSISTANT TREASURER