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 APRIL 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
As Of Trade
3-31 GF 25000 17.05 19.80 Weeden & Co
4-1 GF 25000 16.725 19.85 Weeden & Co
4-2 " " 45000 16.8402 20.02 " "
4-3 " " 35000 16.982 20.13 " "
4-6 " " 50000 17.3437 20.23 " "
4-7 " " 55200 17.3817 20.34 " "
4-8 " " 50000 17.206 20.36 " "
4-9 " " 58000 17.487 20.64 " "
4-13 " " 20000 17.6562 20.53 " "
4-14 " " 109500 17.9369 20.85 " "
4-15 " " 36300 17.9569 20.81 " "
4-16 " " 325000 17.844 20.59 " "
4-17 " " 600000 17.7552 20.63 " "
4-20 " " 125000 18.182 20.91 " "
4-21 " " 196800 18.11 21.21 " "
4-22 " " 30000 18.01 21.19 " "
4-23 " " 143400 17.897 20.98 " "
4-24 " " 34000 17.599 20.78 " "
4-27 " " 216300 17.599 20.32 " "
The New Germany Fund, Inc.Name of Registrant
By Joseph Cheung - Treasurer
Date of Statement 5/4/98
