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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
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 +FuKCbA8hljLAaMbB1nLsA==

<SEC-DOCUMENT>0000791718-98-000026.txt : 19980812
<SEC-HEADER>0000791718-98-000026.hdr.sgml : 19980812
ACCESSION NUMBER:		0000791718-98-000026
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19980731
FILED AS OF DATE:		19980810
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:		98680772

	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  JULY 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      

7-7      GER    5600     19.25            22.01         Bear Stearns
7-8        " "      5600     18.77            22.12                 " "
7-9      " "      5600       19.125          21.83                 " "
7-10      " "      5600     19.0625        21.86                 " "
7-13      " "      6400     18.8125        22.08                 " "
7-14      " "      6400     19.0625       22.43                 " "
7-15      " "      6400     19.415          22.47                 " "
7-16      " "      6400     19.37            22.55                 " "
7-17      " "      6400     19.7813        22.57                 " "
7-20      " "      6400     20.123          22.94                 " "
7-21      " "      6400     20.457          22.79                 " "
7-22      " "      6400     19.9824        22.59                 " "
7-23     " "      6400      19.9375        22.35                 " "
7-24      " "      6400     20.25            22.36                 " "
7-27      " "      6400     19.75            21.83                 " "
7-29      " "    12800    19.00             22.22                 " "
7-30      " "      6700     19.1875        22.08                 " "
7-31      " "      6700     19.375          21.88                 " "

The Germany Fund, Inc.
   ( Name of Registrant)

By Joseph Cheung - Treasurer
Date of Statement         8/10/98	
					          

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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