One characteristic of mercury batteries was that they output a voltage which did not significantly change over the life of the battery. Alkaline batteries, by contrast, start out producing more voltage than rated, which then declines in a relatively stable curve until they're close to exhaustion, at which point voltage falls off a cliff. The SRT's metering circuit was designed for the stable voltage from a mercury battery. So, while an alkaline batter will work, the meter will not closely match what it should read because the battery voltage will not be what the meter is expecting it to be.
You can either modify your SRT, as above, so that it can use modern alkaline batteries, or you can buy Wein cells. Wein cells are excellent replacements for mercury batteries, although they do not have the life of a mercury battery. To use a Wein cell, you peel a sticker off the battery, which lets air in, which starts the reaction which produces electricity. After about six months or so the cell is exhausted. You can prolong the life by removing the cells from your camera if you don't anticipate using it for a while, and putting the sticker back on (or covering with something like electrical tape.
I have an SRT which has been modified, and another in which I use Wein cells. They seem to work equally well.
Mike