WITTER DEAN DIVERSIFIED FUTURES FUND III L P
10-Q, EX-27, 2000-08-14
REAL ESTATE INVESTMENT TRUSTS
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<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
The schedule contains summary financial information extracted from Dean
Witter Diversified Futures Fund III L.P. and is qualified in its
entirety by reference to such financial statements.
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                      47,484,736
<SECURITIES>                                         0
<RECEIVABLES>                                  177,686<F1>
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              46,646,135<F2>
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
                                0
                                          0
<COMMON>                                             0
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                46,646,135<F3>
<SALES>                                              0
<TOTAL-REVENUES>                             4,924,035<F4>
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                             2,307,306
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              2,616,729
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          2,616,729
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 2,616,729
<EPS-BASIC>                                        0
<EPS-DILUTED>                                        0
<FN>
<F1>Receivables include interest receivable of $177,686.
<F2>In addition to cash and receivables, total assets include net
unrealized loss on open contracts of $1,016,287.
<F3>Liabilities include redemptions payable of $798,743, accrued
management fees of $117,114 and administrative expenses
payable of $103,765.
<F4>Total revenues includes realized trading revenue of $6,837,439,
net change in unrealized of $(2,976,115) and interest income of
$1,062,711.
</FN>



</TABLE>


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