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OMB Number 3235-0230
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UNITED STATES
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
(See rules and instructions on back of this form. If acknowledgment is desired,
file this form with the Commission in triplicate.)
REPORT FOR CALENDAR MONTH ENDED March 31, 1999
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Swiss Helvetia Fund, Inc.
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(Name of registered closed-end investment company)
<TABLE>
<CAPTION>
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Approximate Asset
Date of Number of Price Value or Approximate Name of Seller
Each Identification Shares Per Asset Coverage Per Share or of
Transaction of Security Purchased Share at Time of Purchase Seller's Broker
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<S> <C> <C> <C> <C> <C>
3/4/99 Swiss Helvetia Fund
(Cusip-870875101) 1000 14.3125 17.6 NYSE
3/8/99 (same) 3800 14.5625 17.86 NYSE
3/9/99 (same) 3600 14.6424 17.93 NYSE
3/10/99 (same) 5500 14.7727 17.96 NYSE
3/11/99 (same) 1000 14.875 17.96 NYSE
3/11/99 (same) 4800 14.8125 17.96 NYSE
3/12/99 (same) 5800 15 18.01 NYSE
3/15/99 (same) 5800 14.7317 17.96 NYSE
3/16/99 (same) 4600 14.841 17.87 NYSE
3/17/99 (same) 6200 14.7429 18.12 NYSE
**Please see Exhibit No. 1 attached**
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REMARKS: Swiss Helvetia Fund, Inc.
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Name of Registrant
By /s/ Rudolf S. Millisits
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(Name)
Date of Statement: April 5, 1999 Vice President
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Potention persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB control number.
SEC 1580 (5-97)
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Exhibit No. 1 referring to report on Form N-23C-1 dated March 31, 1999.
<TABLE>
<CAPTION>
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Approximate Asset
Date of Number of Price Value or Approximate Name of Seller
Each Identification Shares Per Asset Coverage Per Share or of
Transaction of Security Purchased Share at Time of Purchase Seller's Broker
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<S> <C> <C> <C> <C> <C>
3/18/99 Swiss Helvetia Fund
(Cusip-870875101) 6600 14.75 18.03 NYSE
3/22/99 (same) 600 14.6875 17.82 NYSE
3/23/99 (same) 7300 14.6875 17.57 NYSE
Total 56,600
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</TABLE>
