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 AUGUST 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
8-3 GF 11400 17.4282 21.93 Bear Stearns
8-4 " " 11400 17.5625 22.03 " "
8-5 " " 36000 17.066 21.73 Weeden & Co.
8-6 " " 10000 17.1875 21.56 " "
8-7 " " 20000 17.4844 21.70 " "
8-19 " " 90000 17.26 20.97 " "
8-21 " " 95000 15.871 20.35 " "
8-25 " " 60000 16.348 20.19 " "
8-26 " " 65000 15.6506 19.90 " "
8-28 " " 15200 14.435 18.79 " "
8-31 " " 15200 13.7039 18.90 " "
The New Germany Fund, Inc.
(Name of Registrant)
By Joseph Cheung - Treasurer
Date of Statement 9/10/98
