NEW GERMANY FUND INC
SC 13G/A, 1999-10-05
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                               UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D.C. 20549


                               SCHEDULE 13G


                 UNDER THE SECURITIES EXCHANGE ACT OF 1934

                             (AMENDMENT NO. )*



                          New Germany Fund, Inc.
                             (Name of Issuer)


                               Common Stock
                      (Title and Class of Securities)


                               644465106
                             (CUSIP Number)


                           September 30, 1999
                   (Date of Event which Requires filing
                            of this Statement)


Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

[ ]  Rule 13d-1(b)
[x]  Rule 13d-1(c)
[ ]  Rule 13d-1(d)


*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.


The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities and
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of the
Act (however, see the Notes).


<PAGE>


CUSIP No.:        644465106

1.   NAME OF REPORTING PERSONS, I.R.S. IDENTIFICATION NOS. OF
     ABOVE PERSONS
                  Mira, L.P., 13-4045633

2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP            (a) [ ]
                                                                 (b) [X]

3.   SEC USE ONLY

4.   CITIZENSHIP OR PLACE OF ORGANIZATION                        Delaware, USA

5.   NUMBER OF SHARES BENEFICIALLY OWNED BY EACH
     REPORTING PERSON WITH SOLE VOTING POWER                     4,549,400

6.   NUMBER OF SHARES BENEFICIALLY OWNED BY EACH
     REPORTING PERSON WITH SHARED VOTING POWER                           0

7.   NUMBER OF SHARES BENEFICIALLY OWNED BY EACH
     REPORTING PERSON WITH SOLE DISPOSITIVE POWER                4,549,400

8.   NUMBER OF SHARES BENEFICIALLY OWNED BY EACH
     REPORTING PERSON WITH SHARED DISPOSITIVE
     POWER                                                               0

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
     REPORTING PERSON                                            4,549,400

10.  CHECK IF THE AGGREGATE AMOUNT IN ROW (9)
     EXCLUDES CERTAIN SHARES                                     [ ]

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW(9)            6.856%

12.  TYPE OF REPORTING PERSON                                    PN


Item 1.
     The name of the issuer is New Germany Fund, Inc. The address of
the issuer's principal executive offices is 31 West 52nd Street, New
York, New York 10019.

Item 2.
     The name of the person filing is Mira, L.P. ("Mira"). The address
of Mira's principal business office is One Chase Manhattan Plaza, 42nd
Floor, New York, New York 10005. Mira is a limited partnership
organized under the laws of the State of Delaware. This statement
relates to shares of Common Stock, par value $0.01 per share (the
"Common Stock"). CUSIP Number: 644465106

Item 3. If this statement is filed pursuant to ss.ss.240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:

         This Item 3 is not applicable.

Item 4.  Ownership

     Mira is the beneficial owner of 4,549,400 shares of Common Stock,
which constitutes approximately 6.856% of the outstanding shares of
Common Stock. Mira has the sole power to vote or direct the vote of
all 4,549,400 shares, and the sole power to dispose or to direct the
disposition of all 4,549,400 shares. There are zero shares as to which
Mira shares the power to vote or direct the vote of the Common Stock,
and zero shares as to which Mira shares the power to dispose or to
direct the disposition of the Common Stock .


<PAGE>


Item 5.  Ownership of Five Percent or Less of a Class

         This Item 5 is not applicable.

Item 6.  Ownership of More than Five Percent on Behalf of Another Person

         This Item 6 is not applicable.

Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding Company

         This Item 7 is not applicable.

Item 8.  Identification and Classification of Members of the Group

         This Item 8 is not applicable.

Item 9.  Notice of Dissolution of Group

         This Item 9 is not applicable.

Item 10. Certification

     By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not
held for the purpose of or with the effect of changing or influencing
the control of the issuer of the securities and were not acquired and
are not held in connection with or as a participant in any transaction
having that purpose or effect.

                               SIGNATURE

     After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is
true, complete and correct.


                                                 Dated: October 5, 1999

                                                            Mira, L.P.

                                              /s/  Terence S. Leighton
                                              By:  Terence S. Leighton
                                              Title:Vice President



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