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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000889812-00-001055.txt : 20000307
<SEC-HEADER>0000889812-00-001055.hdr.sgml : 20000307
ACCESSION NUMBER:		0000889812-00-001055
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20000229
FILED AS OF DATE:		20000301

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:		558708

	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
<DESCRIPTION>FORM N-23C-1
<TEXT>


<PAGE>

                           THE NEW GERMANY FUND, INC.

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 FEBRUARY 2000

           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

02-01    GF     9000    12.5264      16.18            Weeden & Co.
02-02   " "    14900    12.6586      16.31              " "
02-03   " "     9800    12.9522      16.81              " "
02-04   " "     8900    13.0204      17.43              " "
02-07   " "     8600    13.0988      17.19              " "
02-08   " "    10600    13.4375      17.91              " "
02-09   " "     8600    13.7253      17.92              " "
02-10   " "    14100    13.7549      17.64              " "
02-11   " "    13800    13.6282      17.53              " "
02-14   " "     7500    13.4633      17.42              " "
02-15   " "    14100    13.4978      17.07              " "
02-16   " "    13700    13.5173      17.22              " "
02-17   " "    12900    13.7016      17.64              " "
02-18   " "     7000    13.8080      18.09              " "
02-22   " "     8600    14.1177      18.91              " "
02-23   " "    20600    14.3629      19.08              " "
02-24   " "    20000    14.3775      19.03              " "
02-25   " "     4000    14.4375      19.09              " "
02-28   " "    11800    14.1944      18.66              " "
02-29   " "    11800    14.4672      18.81              " "


The New Germany Fund, Inc.
    (Name of Registrant)
By Isabella Chan - Fund Administrator
Date of Statement          03/01/00



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