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 MARCH 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
3-2 GER 25000 15.0125 17.56 Weeden & Co
3-4 " " 5000 14.875 17.38 " "
3-5 " " 12000 14.75 17.10 " "
3-6 " " 60000 14.875 17.29 " "
3-10 " " 15000 15.00 17.69 " "
3-11 " " 30000 15.302 17.68 " "
3-12 " " 10000 15.3437 17.79 " "
3-13 " " 20000 15.5625 17.90 " "
3-16 " " 10000 15.4062 18.02 " "
3-17 " " 5000 15.50 18.27 " "
3-18 " " 5000 15.5625 18.08 " "
3-19 " " 10000 15.625 18.12 " "
3-20 " " 10000 15.875 18.30 " "
3-23 " " 75000 15.8658 18.26 " "
3-24 " " 5000 16.00 18.39 " "
3-26 " " 25000 16.075 18.44 " "
3-27 " " 15000 16.375 18.58 " "
3-30 " " 5000 16.00 18.20 " "
The New Germany Fund, Inc.
( Name of Registrant)
By Joseph Cheung - Treasurer
Date of Statement 4/2/98
