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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000858706-99-000015.txt : 19990713
<SEC-HEADER>0000858706-99-000015.hdr.sgml : 19990713
ACCESSION NUMBER:		0000858706-99-000015
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19990630
FILED AS OF DATE:		19990712

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NEW GERMANY FUND INC
		CENTRAL INDEX KEY:			0000858706
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133555471
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		N-23C-1
		SEC ACT:		
		SEC FILE NUMBER:	817-00201
		FILM NUMBER:		99662580

	BUSINESS ADDRESS:	
		STREET 1:		31 WEST 52ND ST
		STREET 2:		C/O DEUTSCHE BANK CAPITAL CORP
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		2124747000

	MAIL ADDRESS:	
		STREET 1:		31 WEST 52ND STREET
		STREET 2:		C/O DEUTSCHE BANK CAPITAL CORP
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LENOX FUND INC
		DATE OF NAME CHANGE:	19900115
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-23C-1
<SEQUENCE>1
<TEXT>


SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-23C-1

STATEMENT BY REGISTERED CLOSED-END
INVESTMENT COMPANY WITH RESPECT TO
PURCHASES OF ITS OWN SECURITIES PURSUANT
TO RULE N-23C-1 DURING THE LAST CALENDAR MONTH

REPORT FOR CALENDAR MONTH  JUNE 1999

           THE NEW GERMANY FUND, INC.
(Name of registered closed-end investment company)

               		           Approx Asset
Date	         Number    Price   Value or Approx        Seller
Each   Ident   Shrs      Per      Asset Cov/Shr       or Seller's
Trans   Sec    Purch     Share   at Time of Purch       Broker

6-1     GF     6800    11.875        14.31	      Weeden & Co.
6-2    " "    14700    11.8776       14.25              " "
6-3    " "     5000    12.12         14.33              " "
6-4    " "    14700    12.0625       14.28		  " "
6-7    " "    13000    12.0615       14.37              " "
6-8    " "    13000    12.0976       14.59              " "
6-9    " "    12000    12.3542       14.67              " "
6-10   " "    12000    12.0943       14.72              " "
6-11   " "    12000    12.1875       14.71              " "
6-15   " "    14900    12.1955       14.41              " "
6-16   " "    14000    12.3080       14.27              " "
6-17   " "    12300    12.2282       14.35              " "
6-21   " "    13300    12.2227       14.55              " "
6-22   " "    13000    12.0414       14.49              " "
6-23   " "    12000    11.9693       14.42              " "
6-25   " "    10300    11.7700       14.58              " "
6-28   " "    10700    11.8914       14.56              " "
6-29   " "    13000    12.00         14.60              " "

The New Germany Fund, Inc.
    (Name of Registrant)
By Laura Weber - Assistant Treasurer
Date of Statement          7/12/99




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