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 JANUARY 1999
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
1-6 GF 71500 14.3194 17.24 Bear Stearns
1-7 " " 21500 14.0828 17.14 " "
1-8 " " 21500 14.0843 16.86 " "
1-11 " " 22000 13.621 16.67 " "
1-12 " " 22000 13.2778 16.50 " "
1-13 " " 19600 12.691 16.10 " "
1-14 " " 13900 12.8031 16.14 " "
1-15 " " 18500 12.9436 15.96 " "
1-19 " " 23000 13.0715 16.09 " "
1-20 " " 19300 13.3475 16.12 " "
1-21 " " 23000 13.0473 16.05 " "
1-22 " " 23000 12.875 15.68 " "
1-25 " " 11000 12.6438 15.57 " "
1-26 " " 12000 12.6349 15.56 " "
1-27 " " 12000 12.9526 15.58 " "
1-28 " " 7500 12.8125 15.42 " "
1-29 " " 5100 12.75 15.43 " "
The New Germany Fund, Inc.
(Name of Registrant)
By Laura Weber - Assistant Treasurer
Date of Statement 2/9/99
