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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000791718-98-000018.txt : 19980507
<SEC-HEADER>0000791718-98-000018.hdr.sgml : 19980507
ACCESSION NUMBER:		0000791718-98-000018
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19980430
FILED AS OF DATE:		19980506
SROS:			NYSE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GERMANY FUND INC
		CENTRAL INDEX KEY:			0000791718
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133354384
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		N-23C-1
		SEC ACT:		
		SEC FILE NUMBER:	817-00177
		FILM NUMBER:		98611288

	BUSINESS ADDRESS:	
		STREET 1:		31 W 52ND ST
		STREET 2:		C/O DEUTSCHE BANK CAPITAL CORP
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		2124747590

	MAIL ADDRESS:	
		STREET 1:		31 WEST 52ND STREET
		STREET 2:		C/O DEUTSCHE BANK CAPITAL CORP
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-23C-1
<SEQUENCE>1
<TEXT>


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 OWNSECURITIES PURSUANT 
TO RULE N-23C-1 DURING THE LAST CALENDAR MONTH

REPORT FOR CALENDAR MONTH   APRIL 1998

THE GERMANY FUND, INC.
(Name of registered closed-end investment company)

               			       Approx Asset 
Date	           Number    Price    Value or Approx    Seller
Each    Ident   Shares     Per       Asset Cov/ Shr     or Seller's
Trans   Sec    Purch       Share   at Time of Purch    Broker      

4-2    GER    5000     16.1875           18.74          Weeden & Co
4-3     " "     20000     16.328             18.93                 " "
4-6     " "     35000     16.9821           19.14                 " "
4-7   " "       55000     17.5161           19.51                 " "
4-8   " "       25000     17.325             19.34                 " "
4-9   " "       81000     17.509             19.63                 " "
4-13   " "     30000     17.9583           19.52                 " "
4-14   " "     50000     18.7625           20.00                 " "
4-15   " "   100000     19.0455	          20.05                  " "
4-16   " "     84000     19.048             19.73                 " "
4-20   " "     40000     18.758             20.18                 " "
4-21   " "     75000     18.854             20.12                 " "
4-22   " "     35000     18.767             20.00                 " "
4-23   " "       5000     18.6875           19.58                 " "
4-24   " "     60000     17.802             19.17                 " "
4-27   " "     15000     16.708             19.00                 " "
4-28   " "     45000     17.2111           18.77                 " "
4-29   " "     25000     17.575             19.05                 " "
4-30   " "   150000     18.262             19.12                 " "

The New Germany Fund, Inc.
   ( Name of Registrant)

By Joseph Cheung - Treasurer
Date of Statement         5/4/98	
					          

</TEXT>

</DOCUMENT>
</SEC-DOCUMENT>
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