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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000858706-03-000011.txt : 20031107
<SEC-HEADER>0000858706-03-000011.hdr.sgml : 20031107
<ACCEPTANCE-DATETIME>20031107145441
ACCESSION NUMBER:		0000858706-03-000011
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031031
FILED AS OF DATE:		20031107
EFFECTIVENESS DATE:		20031107

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NEW GERMANY FUND INC
		CENTRAL INDEX KEY:			0000858706
		IRS NUMBER:				133555471
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		N-23C-1
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	817-00201
		FILM NUMBER:		03984901

	BUSINESS ADDRESS:	
		STREET 1:		280 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2124741694

	MAIL ADDRESS:	
		STREET 1:		280 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LENOX FUND INC
		DATE OF NAME CHANGE:	19900115
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-23C-1
<SEQUENCE>1
<FILENAME>n23c1new1003.txt
<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 OCTOBER 2003

           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

10-01    GF     6500     5.8974       7.29	       Weeden & Co.
10-02   " "     7000     5.9429       7.29              " "
10-03   " "     2000     6.0365       7.36		  " "
10-06   " "     3000     5.9800       7.42		  " "
10-07   " "     8000     5.9688       7.44              " "
10-08   " "     8000     6.0573       7.55              " "
10-09   " "     8000     6.2500       7.66              " "
10-10   " "     7000     6.2600       7.66              " "
10-13   " "     6000     6.3790       7.72              " "
10-14   " "     5000     6.3800       7.68              " "
10-15   " "     9000     6.3857       7.81              " "
10-16   " "     5500     6.3800       7.85              " "
10-17   " "     9500     6.3623       7.77              " "
10-20   " "    10500     6.4724       7.81              " "
10-21   " "     4000     6.5193       7.87              " "
10-22   " "    10000     6.5000       7.81              " "
10-23   " "     8000     6.3800       7.74              " "
10-24   " "     3700     6.3322       7.76              " "
10-27   " "    10000     6.4313       7.82              " "
10-28   " "     9000     6.5087       7.85              " "
10-29   " "     8000     6.6015       7.97              " "
10-30   " "     5500     6.6362       8.04              " "
10-31   " "      300     6.5600       8.05              " "



The New Germany Fund, Inc.
    (Name of Registrant)
By Isabella Chan - Fund Administrator
Date of Statement          11/3/03




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