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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000791718-98-000006.txt : 19980311
<SEC-HEADER>0000791718-98-000006.hdr.sgml : 19980311
ACCESSION NUMBER:		0000791718-98-000006
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19980228
FILED AS OF DATE:		19980310
SROS:			NONE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GERMANY FUND INC
		CENTRAL INDEX KEY:			0000791718
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133354384
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		N-23C-1
		SEC ACT:		
		SEC FILE NUMBER:	817-00177
		FILM NUMBER:		98561264

	BUSINESS ADDRESS:	
		STREET 1:		31 W 52ND ST
		STREET 2:		C/O DEUTSCHE BANK CAPITAL CORP
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		2124747590

	MAIL ADDRESS:	
		STREET 1:		31 WEST 52ND STREET
		STREET 2:		C/O DEUTSCHE BANK CAPITAL CORP
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
</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 OWNSECURITIES PURSUANT 
TO RULE N-23C-1 DURING THE LAST CALENDAR MONTH

REPORT FOR CALENDAR MONTH   FEBRUARY 1998

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

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

*Revision to 1/27/98 shares 
1-27   GER	(5000)  13.625	            16.44          Weeden & Co
***********************************
2-2    GER    25000     14.1375           16.76          Weeden & Co
2-3     " "       52000     14.25               16.88                 " "
2-4     " "       10000     14.2187           17.57                 " "
2-5     " "       10000     14.4062           17.25                 " "
2-6     " "       50000     14.5437           16.99                 " "
2-9     " "       55000     14.534             16.98                 " "
2-10   " "     120000     14.7161           16.94                 " "
2-12   " "       10000     14.625             16.88                 " "
2-13   " "       70000     14.625    	16.62                  " "
2-17   " "       25000     14.725	            17.02                  " "
2-18   " "       10000     14.75               17.18                  " "
2-19   " "       25000     14.6875           16.98                  " "
2-20   " "       20000     14.6718           17.12                  " "
2-24   " "         5000     14.6875           17.21                  " "
2-25   " "       11000     15.00               17.22                  " "
2-26   " "       40000     14.9437           17.37                  " "
The New Germany Fund, Inc.
   ( Name of Registrant)

By Joseph Cheung - Treasurer
Date of Statement          3/10/98	
					          

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