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 NOVEMBER 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
11-2 GF 22000 16.7134 18.41 Bear Stearns
11-4 " " 22000 16.9193 18.57 " "
11-3 " " 22000 17.00 18.10 " "
11-5 " " 7400 16.2728 18.60 " "
11-6 " " 12000 16.6188 18.68 " "
11-9 " " 30000 16.8665 18.27 " "
The New Germany Fund, Inc.
(Name of Registrant)
By Laura Weber - Assistant Treasurer
Date of Statement 12/9/98