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
REPORT FOR CALENDAR MONTH JUNE 1998
THE NEW GERMANY FUND, INC.
(Name of registered closed-end investment company)
Approx Asset
Date Number Price Value or Approx Seller
Each Ident Shrs Per Asset Cov/Shr or Seller's
Trans Sec Purch Share at Time of Purch Broker
6-2 GF 10000 18.6875 21.99 Weeden & Co
6-4 " " 5000 18.8125 22.18 " "
6-4 " " 10000 18.75 22.18 " "
6-16 " " 62400 17.505 21.32 " "
6-17 " " 10000 18.375 21.55 " "
6-18 " " 40000 18.1406 21.50 " "
6-19 " " 112100 18.1362 21.24 " "
6-22 " " 228300 18.114 21.18 " "
6-25 " " 10000 18.5313 21.41 " "
6-26 " " 107700 18.4883 21.37 " "
6-29 " " 170000 18.731 21.52 " "
The New Germany Fund, Inc.Name of Registrant
By Joseph Cheung - Treasurer
Date of Statement 7/10/98
