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Form N-23C-1
Report for Calendar month Ending July 31, 1999
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Swiss Helvetia Fund, Inc.
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<CAPTION>
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Approximate asset value
Number of or approximate asset Name of
Date of each Identification of shares Price per coverage per share at Seller or of
transaction each security purchased share time of purchase Sellers Broker
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<S> <C> <C> <C> <C> <C>
Swiss Helvetia
Fund-(Cusip-
7/1/99 870875101) 4900 14.0548 16.89 NYSE
7/2/99 (same) 4900 14.0969 17.1 NYSE
7/6/99 (same) 5200 14.0697 17.13 NYSE
7/7/99 (same) 5200 14.0805 17.04 NYSE
7/8/99 (same) 5200 14.024 17.01 NYSE
7/9/99 (same) 5200 14.1322 16.95 NYSE
7/20/99 (same) 6000 14.0041 17.01 NYSE
7/21/99 (same) 1000 14.0625 17.23 NYSE
07/22/99 (same) 6000 14.0667 17.08 NYSE
7/23/99 (same) 6000 13.9375 16.8 NYSE
7/26/99 (same) 6600 13.6439 16.92 NYSE
7/27/99 (same) 6600 13.6439 17.13 NYSE
7/29/99 (same) 6600 13.928 17.06 NYSE
7/30/99 (same) 6600 13.875 17.37 NYSE
Total 76000
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