WITTER DEAN MULTI MARKET PORTFOLIO L P
10-K/A, 1997-04-22
SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES
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                                                 UNITED STATES
                                      SECURITIES AND EXCHANGE COMMISSION
                                            Washington, D.C. 20549

                                                  FORM 10-K-A

[x] Annual report pursuant to Section 13 or 15(d) of the Securities 
Exchange Act of 1934 [Fee Required] 
For the fiscal year ended December 31, 1996 or

[ ] Transition report pursuant to Section 13 or 15(d) of the Securities 
Exchange Act of 1934 [No Fee Required] 
For the transition period from            to           
Commission file number 33-21532

                                    DEAN WITTER MULTI-MARKET PORTFOLIO L.P.

 (Exact name of registrant as specified in its Limited Partnership Agreement)

         DELAWARE                                                13-3469595
(State or other jurisdiction of                               (I.R.S. Employer
 incorporation of organization)                              Identification No.)

c/o Demeter Management Corporation
Two World Trade Center, New York, N.Y. - 62nd Flr.                   10048
(Address of principal executive offices)                          (Zip Code)
       

Registrant's telephone number, including area code              (212) 392-5454

Securities registered pursuant to Section 12(b) of the Act:

Title of each class                                  Name of each exchange
                                                     on which registered
                 None                                        None

Securities registered pursuant to Section 12(g) of the Act:

                                     Units of Limited Partnership Interest

                                               (Title of Class)


                                               (Title of Class)

        Indicate by check mark whether the registrant (1) has filed all reports 
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.        Yes    X        No        

   Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K (section 229.405 of this chapter) is not contained
herein, and will not be contained, to the best of registrant's knowledge, in
definitive proxy or information statements incorporated by reference in Part
III of this Form 10-K or any amendment of this Form 10K. [ X ]

State the aggregate market value of the Units of Limited Partnership Interest 
held by non-affiliates of the registrant.  The aggregate market value shall be
computed by reference to the price at which units were sold, or the average bid
and asked prices of such units, as of a specified date within 60 days prior to
the date of filing: $12,399,995.56 at January 31, 1997.

                                      DOCUMENTS INCORPORATED BY REFERENCE
                                                 (See Page 1)

<PAGE>
                                              SIGNATURES

        Pursuant to the requirement of Sections 13 or 15(d) of the
Securities Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned, thereunto duly
authorized.
                                  
                                           DEAN WITTER MULTI-MARKET PORTFOLIO
                                                   (Registrant)

                                           BY:  Demeter Management Corporation,
                                                   General Partner

March 24, 1997                             BY: /s/ Mark J. Hawley               
                                                   Mark J. Hawley, Director and
                                                     President

        Pursuant to the requirements of the Securities Exchange Act of 1934,
this report has been signed below by the following persons on behalf of
the registrant and in the capacities and on the dates indicated. 

Demeter Management Corporation.

BY: /s/  Mark J. Hawley                                         March 24, 1997
           Mark J. Hawley, Director and
             President            

    /s/  Richard M. DeMartini                                   March 24, 1997
           Richard M. DeMartini, Director
             and Chairman of the Board


    /s/  Lawrence Volpe                                         March 24, 1997
           Lawrence Volpe, Director        
             

    /s/  Laurence E. Mollner                                    March 24, 1997
           Laurence E. Mollner, Director   
             

    /s/  Joseph G. Siniscalchi                                  March 24, 1997
           Joseph G. Siniscalchi, Director 

     
    /s/  Edward C. Oelsner III                                  March 24, 1997
           Edward C. Oelsner III, Director 


    /s/  Robert E. Murray                                       March 24, 1997
         Robert E. Murray, Director


    /s/  Patti L. Behnke                                        March 24, 1997
           Patti L. Behnke, Chief Financial
             Officer and Principal Accounting
             Officer


<PAGE>
                                             EXHIBIT INDEX

         Item                                          Method of Filing

- - -  3.    Limited Partnership Agreement of
         the Partnership, dated as of
         June 24, 1988.                                         (1)

- - - 10.    Management Agreement between the 
         Partnership and Dean Witter Futures &
         Currency Management Inc. as of
         October 1, 1993.                                       (2)

- - - 10.    Customer Agreement between the Partnership 
         and Dean Witter Reynolds Inc., dated as of
         June 24, 1988 (the "Customer Agreement").              (3)

- - - 10.    Amended and Restated Customer Agreement
         dated as of October 1, 1993.                           (4)

- - - 19.    Supplemental Information Regarding Dean Witter
         Futures & Currency Management Inc. dated
         August 27, 1993.                                       (5)

- - - 13.    December 31, 1996 Annual Report to Limited Partners.   (6)


  (1)    Incorporated by reference to Exhibit 3.01 and Exhibit 3.02 of the
         Partnership's Registration Statement on Form S-1 (File No. 33-
         21532).

  (2)    Incorporated by reference to Exhibit 10.01 of the Partnership's
         Annual Report on Form  10-K for the fiscal year ended December 31,
         1993.

  (3)    Incorporated by reference to Exhibit 10.01 of the Partnership's
         Registration Statement on Form S-1 (File No. 33-21532).

  (4)    Incorporated by reference to Exhibit 10.02 of the Partnership's
         Annual Report on Form 10-K for the fiscal year ended December 31,
         1993.

  (5)    Incorporated by reference to Exhibit 19 of the Partnership's Annual
         Report on Form 10-K for the fiscal year ended December 31, 1993.

  (6)    Filed herewith.







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