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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 ldCMZyoq+DQH/INQ3bcm3g==

<SEC-DOCUMENT>0000950116-99-001969.txt : 19991103
<SEC-HEADER>0000950116-99-001969.hdr.sgml : 19991103
ACCESSION NUMBER:		0000950116-99-001969
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19991031
FILED AS OF DATE:		19991102

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SWISS HELVETIA FUND INC
		CENTRAL INDEX KEY:			0000813623
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		N-23C-1
		SEC ACT:		
		SEC FILE NUMBER:	817-00815
		FILM NUMBER:		99739174

	BUSINESS ADDRESS:	
		STREET 1:		630 FIFTH AVE
		STREET 2:		STE 915
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10111-0001
		BUSINESS PHONE:		2128677660

	MAIL ADDRESS:	
		STREET 1:		630 FIFTH AVE
		STREET 2:		STE 915
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10111-0001

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HELVETIA FUND INC
		DATE OF NAME CHANGE:	19900820
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-23C-1
<SEQUENCE>1
<DESCRIPTION>FORM N-23C-1
<TEXT>

<PAGE>

Form N-23C-1
Report for Calendar month Ending October 31, 1999

- --------------------------
Swiss Helvetia Fund, Inc.
- --------------------------

<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------
                                                                  Approximate asset value
                                     Number of                    or approximate asset         Name of
Date of each   Identification of     shares           Price per   coverage per share at        Seller or of
transaction    each security         purchased        share       time of purchase             Sellers Broker
- -------------------------------------------------------------------------------------------------------------
<S>             <C>                  <C>              <C>          <C>                         <C>
                Swiss Helvetia
                Fund-(Cusip-
   10/6/99      870875101)             7100            14.5625            17.99                   NYSE
  10/11/99          (same)              600            14.5               18.05                   NYSE
  10/12/99          (same)             6500            14.5               18.07                   NYSE
  10/18/99          (same)             5100            14                 17.61                   NYSE
  10/19/99          (same)             3400            14.1875            17.89                   NYSE
  10/20/99          (same)             5700            14.125             17.75                   NYSE
  10/21/99          (same)             2600            13.9375            17.64                   NYSE
  10/22/99          (same)             5700            14.1579            17.57                   NYSE
  10/25/99          (same)             1400            13.9375            17.46                   NYSE
  10/26/99          (same)             4900            14.125             17.41                   NYSE
  10/28/99          (same)             4900            14.125             17.59                   NYSE
  10/29/99          (same)             4900            14.3125            17.82                   NYSE

                  Total              52,800
</TABLE>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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