UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C. 20549

                           FORM 10-Q



[X]   Quarterly report pursuant to Section 13 or 15  (d)  of  the
Securities Exchange Act of 1934
For the Period ended September 30, 1997 or

[  ]   Transition report pursuant to Section 13 or 15 (d) of  the
Securities Exchange Act of 1934
For the transition period from               to

Commission File No. 33-55806

                      DEAN WITTER WORLD CURRENCY FUND L.P.
     (Exact name of registrant as specified in its charter)


          Delaware                              13-3700691
(State or other jurisdiction of              (I.R.S. Employer
Incorporation  or organization)                    Identification
No.)

c/o Demeter Management Corp.
Two World Trade Center, New York, NY 62 Fl.         10048
(Address of principal executive offices)               (Zip Code)

Registrant's telephone number, including area code (212) 392-5454


(Former  name, former address, and former fiscal year, if changed
since last report)

Indicate  by check mark whether the registrant (1) has filed  all
reports  required  to be filed by Section  13  or  15(d)  of  the
Securities  Exchange Act of 1934 during the preceding  12  months
(or  for such shorter period that the registrant was required  to
file  such  reports),  and (2) has been subject  to  such  filing
requirements for the past 90 days.

Yes     X           No












<PAGE>
<TABLE>

              DEAN WITTER WORLD CURRENCY FUND L.P.

             INDEX TO QUARTERLY REPORT ON FORM 10-Q

                     September 30, 1997
<CAPTION>

PART I. FINANCIAL INFORMATION
<S>                                                       <C>
Item 1. Financial Statements

     Statements of Financial Condition September 30, 1997
     (Unaudited) and December 31, 1996.....................2

     Statements of Operations for the Quarters Ended
     September 30, 1997 and 1996 (Unaudited)...............3

     Statements of Operations for the Nine Months Ended
     September 30, 1997 and 1996 (Unaudited)...............4

     Statements of Changes in Partners' Capital for the
        Nine Months ended September 30, 1997 and 1996
     (Unaudited)...........................................5

     Statements of Cash Flows for the Nine Months Ended
     September 30, 1997 and 1996 (Unaudited)...............6

        Notes to Financial Statements (Unaudited)......... 7-12

Item 2. Management's Discussion and Analysis of

Financial Condition and Results of Operations..13-17

Part II. OTHER INFORMATION

Item 1. Legal Proceedings..............................18-19

Item 5. Other Information.................................19

Item 6. Exhibits and Reports on Form 8-K..................20



</TABLE>











<PAGE>
<TABLE>

              DEAN WITTER WORLD CURRENCY FUND L.P.
               STATEMENTS OF FINANCIAL CONDITION

<CAPTION>

                                            September 30,   December 31,
                                                1997           1996
                                                  $              $
                                              (Unaudited)
ASSETS
<S>                                            <C>          <C>
Equity in Commodity futures trading accounts:
 Cash                                          29,773,958    25,825,801
 Net unrealized gain on open contracts            797,973     1,242,668
 Net option premiums                                    -       230,200

 Total Trading Equity                          30,571,931    27,298,669

Interest receivable (DWR)                          97,319        87,895
Due from DWR                                            -        40,800

 Total Assets                                   30,669,250   27,427,364

LIABILITIES AND PARTNERS' CAPITAL

Liabilities

 Redemptions payable                              268,486       779,025
 Accrued management fees                           76,596        68,410
 Accrued incentive fees                            73,081            -
 Accrued administrative expenses                   30,972        21,908
 Accrued brokerage commissions (DWR)                   -         26,388
 Accrued transaction  fees   and  costs                -          1,702

 Total Liabilities                                449,135       897,433

Partners' Capital

 Limited Partners (31,650.183 and
  35,992.609 Units, respectively)              29,109,539    25,668,776
 General Partner (1,207.506 Units)              1,110,576       861,155

 Total Partners' Capital                       30,220,115    26,529,931

  Total  Liabilities and Partners' Capital     30,669,250    27,427,364


NET ASSET VALUE PER UNIT                           919.73        713.17

<FN>
        The accompanying footnotes are an integral part
                 of these financial statements.

</TABLE>
<PAGE>
<TABLE>
              DEAN WITTER WORLD CURRENCY FUND L.P.
                    STATEMENTS OF OPERATIONS
                           (Unaudited)


<CAPTION>



                              For the Quarters Ended September 30,

                                       1997            1996
                                        $            $
REVENUES
<S>                              <C>          <C>
 Trading profit (loss):
    Realized                     2,523,168    (1,554,004)
    Net change in unrealized       (106,902)    (404,463)

      Total Trading Results      2,416,266    (1,958,467)

 Interest Income (DWR)             304,376        280,212

      Total Revenues             2,720,642    (1,678,255)

EXPENSES

 Management fees                   232,128      203,371
 Brokerage commissions (DWR)       184,683      370,651
 Incentive fees                     73,082           -
 Administrative expenses            18,804       18,388
 Transaction fees and costs         16,523       23,161

    Total Expenses                 525,220      615,571

NET INCOME (LOSS)                  2,195,422  (2,293,826)


NET INCOME (LOSS) ALLOCATION

 Limited Partners                  2,117,604 (2,228,766)
 General Partner                      77,818     (65,060)

NET INCOME (LOSS) PER UNIT

Limited Partners                       64.45      (53.88)
General Partner                        64.45      (53.88)


<FN>

        The accompanying footnotes are an integral part
                 of these financial statements.
</TABLE>

<PAGE>
<TABLE>
              DEAN WITTER WORLD CURRENCY FUND L.P.
                    STATEMENTS OF OPERATIONS
                           (Unaudited)


<CAPTION>



                             For the Nine Months Ended September 30,

                                       1997            1996
                                        $            $
REVENUES
<S>                                <C>               <C>
 Trading profit (loss):
       Realized                   8,990,979        (591,347)
Net change in unrealized           (444,695)      1,379,374

      Total Trading Results       8,546,284         788,027

 Interest Income (DWR)              918,776         885,144

      Total Revenues              9,465,060        1,673,171


EXPENSES

 Management fees                   689,457          665,736
 Brokerage commissions (DWR)       661,581          959,031
 Incentive fees                    562,586                -
 Administrative expenses            56,240           57,218
 Transaction fees and costs         51,546           59,868

      Total Expenses             2,021,410         1,741,853

NET INCOME (LOSS)                7,443,650           (68,682)


NET INCOME (LOSS ) ALLOCATION

 Limited Partners                7,194,229           (61,040)
 General Partner                   249,421            (7,642)


NET INCOME (LOSS) PER UNIT

 Limited Partners                   206.56             (6.33)
 General Partner                    206.56             (6.33)

<FN>

        The accompanying footnotes are an integral part
                 of these financial statements.
</TABLE>
<PAGE>
<TABLE>
              DEAN WITTER WORLD CURRENCY FUND L.P.
           STATEMENTS OF CHANGES IN PARTNERS' CAPITAL
     For the Nine Months Ended September 30, 1997 and 1996
                          (Unaudited)


<CAPTION>


                          Units of
                        Partnership Limited   General
                          Interest   Partners Partner    Total

<S>                  <C>           <C>              <C>        <C>
Partners' Capital
 December 31, 1995    48,308.343    $29,734,237     $762,285   $30,496,522

Net Loss                      -         (61,040)      (7,642)      (68,682)

Redemptions           (7,867.896)    (5,154,195)           -    (5,154,195)

Partners' Capital
 September 30, 1996   40,440.447    $24,519,002     $754,643   $25,273,645




Partners' Capital
 December 31, 1996    37,200.115    $25,668,776     $861,155   $26,529,931

Net Income                     -      7,194,229      249,421     7,443,650

Redemptions           (4,342.426)    (3,753,466)           -    (3,753,466)

Partners' Capital
 September 30, 1997   32,857.689    $29,109,539   $1,110,576   $30,220,115





<FN>









         The accompanying footnotes are an integral part
                 of these financial statements.

</TABLE>
<PAGE>
<TABLE>
              DEAN WITTER WORLD CURRENCY FUND L.P.
                    STATEMENTS OF CASH FLOWS
                           (Unaudited)



<CAPTION>


                             For the Nine Months Ended September 30,

                                       1997            1996
                                        $            $
CASH FLOWS FROM OPERATING ACTIVITIES
<S>                                                  <C>           <C>
Net income (loss)                                     7,443,650      (68,682)
Noncash item included in net income (loss):
      Net  change  in  unrealized                       444,695   (1,379,374)

(Increase)decrease in operating assets:
      Net  option  premiums                             230,200     (506,225)
    Interest receivable (DWR)                            (9,424)      27,355
    Due from DWR                                         40,800           -

Increase (decrease) in operating liabilities:
   Accrued management fees                                8,186     (13,830)
   Accrued incentive fees                                73,081           -
   Accrued administrative expenses                        9,064     (65,211)
   Accrued brokerage commissions (DWR)                  (26,388)      9,684
   Accrued transaction fees and  costs                   (1,702)        856

Net cash provided by (used for) operating activities  8,212,162  (1,995,427)


CASH FLOWS FROM FINANCING ACTIVITIES

  Decrease in redemptions payable                     (510,539)    (294,846)
   Redemptions  of  units                           (3,753,466)  (5,154,195)

Net cash used for financing activities              (4,264,005)  (5,449,041)


Net increase (decrease)  in  cash                    3,948,157   (7,444,468)

Balance at  beginning of period                      25,825,801  31,916,332

Balance at end of period                             29,773,958  24,471,864


<FN>

        The accompanying footnotes are an integral part
                 of these financial statements.

</TABLE>
<PAGE>
              DEAN WITTER WORLD CURRENCY FUND L.P.

                  NOTES TO FINANCIAL STATEMENTS

                           (UNAUDITED)



The  financial statements include, in the opinion of  management,

all  adjustments necessary for a fair presentation of the results

of  operations and financial condition.  The financial statements

and condensed notes herein should be read in conjunction with the

Partnership's December 31, 1996 Annual Report on Form 10K.


1. Organization

Dean  Witter  World Currency Fund L.P. (the "Partnership")  is  a

limited  partnership  organized  to  engage  in  the  speculative

trading   of  commodity  futures  contracts,  commodity   options

contracts   and   forward   contracts   on   foreign   currencies

(collectively, "futures interests").  The general partner for the

Partnership  is Demeter Management Corporation ("Demeter").   The

commodity  broker for most of the Partnership's  transactions  is

Dean  Witter  Reynolds Inc. ("DWR").  Both Demeter  and  DWR  are

wholly   owned  subsidiaries  of  Morgan  Stanley,  Dean  Witter,

Discover & Co. ("MSDWD").  Demeter has retained John W.  Henry  &

Company, Inc. ("JWH") and Millburn Ridgefield Corporation as  the

trading advisors of the Partnership.



On  July  31,  1997,  DWR closed the sale  of  its  institutional

futures business and foreign currency trading operations to  Carr

Futures  Inc. ("Carr"), a subsidiary of Credit Agricole Indosuez.

Following the sale, Carr became the counterparty on

<PAGE>

              DEAN WITTER WORLD CURRENCY FUND L.P.
            NOTES TO FINANCIAL STATEMENTS (CONTINUED)




the  Partnership's  foreign currency trades.  However,  during  a

transition  period  of about four months, DWR  will  continue  to

perform  certain  services relating to the Partnership's  futures

trading including clearance.  After such transaction period,  DWR

will continue to serve as a non-clearing commodity broker for the

Partnership  with  Carr  providing  all  clearing  services   for

Partnership transactions.



2.  Related Party Transactions

The  Partnership's  cash  is on deposit  with  DWR  and  Carr  in

commodity trading accounts to meet margin requirements as needed.

DWR  pays  interest on these funds based on current 13-week  U.S.

Treasury   Bill  rates.  Brokerage  expenses  incurred   by   the

Partnership are paid to DWR.



3.  Financial Instruments

The  Partnership  trades  futures contracts,  forward  contracts,

options   on   futures  contracts  and  related  instruments   in

currencies.  Futures and forwards represent contracts for delayed

delivery  of  an instrument at a specified date and price.   Risk

arises  from  changes  in the value of these  contracts  and  the

potential inability of counterparties to perform under the  terms

of the contracts.  There are numerous factors which may

                                
                                
                                
<PAGE>
              DEAN WITTER WORLD CURRENCY FUND L.P.
            NOTES TO FINANCIAL STATEMENTS (CONTINUED)


significantly  influence  the market value  of  these  contracts,

including  interest rate volatility.  At September 30,  1997  and

December 31, 1996, open contracts were:

                                Contract or Notional Amount
                           September 30, 1997   December 31, 1996
                                    $                  $
Exchange-Traded Contracts
 Financial Futures:
   Commitments to Purchase               -           8,348,000
   Commitments to Sell                    -          64,040,000
Off-Exchange-Traded
 Forward Currency Contracts
   Commitments to Purchase      107,804,000         111,517,000
   Commitments to Sell          119,955,000         131,009,000


A  portion of the amounts indicated as off-balance-sheet risk  in

forward   currency   contracts  is  due  to  offsetting   forward

commitments to purchase and to sell the same currency on the same

date   in   the   future.   These  commitments  are  economically

offsetting,  but are not offset in the forward market  until  the

settlement date.

                                
                                
The  net  unrealized gains on open contracts are  reported  as  a

component  of  "Equity in Commodity futures trading accounts"  on

the  Statements of Financial Condition and totaled  $797,973  and

$1,242,668  at  September  30,  1997  and  December   31,   1996,

respectively.  Of  the  $797,973  net  unrealized  gain  on  open

contracts  at  September  30, 1997,  $(535,077)  was  related  to

exchange-traded futures contracts and $1,333,050 related to  off-

exchange-traded  forward currency contracts.  Of  the  $1,242,668

net

                                
                                
<PAGE>
              DEAN WITTER WORLD CURRENCY FUND L.P.
            NOTES TO FINANCIAL STATEMENTS (CONTINUED)



unrealized  gain  on  open  contracts  at  December   31,   1996,

$1,289,462  related  to  exchange-traded  futures  contracts  and

$(46,794)   related  to  off-exchange-traded   forward   currency

contracts.



Exchange-traded  futures contracts held  by  the  Partnership  at

December 31, 1996 mature through March 1997.  Off-exchange-traded

forward  currency contracts held by the Partnership at  September

30,  1997 and December 31, 1996 mature through December 1997  and

March  1997,  respectively.  The contract amounts  in  the  above

table  represent the Partnership's extent of involvement  in  the

particular class of financial instrument, but not the credit risk

associated  with  counterparty nonperformance.  The  credit  risk

associated  with  these  instruments is limited  to  the  amounts

reflected in the Partnership's Statements of Financial Condition.


The  Partnership also has credit risk because either DWR or  Carr

acts as the futures commission merchant or the counterparty, with

respect  to  most  of the Partnership's assets.   Exchange-traded

futures  and options contracts are marked to market  on  a  daily

basis,  with variations in value settled on a daily basis.   DWR,

as  the  futures commission merchant for all of the Partnership's

exchange-traded  futures  and  options  contracts,  is   required

pursuant   to  regulations  of  the  Commodity  Futures   Trading

Commission ("CFTC") to segregate from its own assets and for the

                                
                                
                                
                                
<PAGE>
              DEAN WITTER WORLD CURRENCY FUND L.P.
           NOTES TO FINANCIAL STATEMENTS - (CONTINUED)




sole  benefit of its commodity customers, all funds held  by  DWR

with  respect  to  exchange-traded futures and options  contracts

including an amount equal to the net unrealized gains on all open

futures   contracts,   which  funds   totaled   $29,238,881   and

$27,115,263  at  September  30,  1997  and  December  31,   1996,

respectively.   With  respect to the Partnership's  off-exchange-

traded forward currency contracts, there are no daily settlements

of  variations  in  value nor is there any  requirement  that  an

amount equal to the net unrealized gain on open forward contracts

be segregated.  With respect to those off-exchange-traded forward

currency contracts, the Partnership is at risk to the ability  of

Carr, the sole counterparty on all of such contracts, to perform.

Carr's  parent,  Credit Agricole Indosuez, has guaranteed  Carr's

obligations to the Partnership.



For  the nine months ended September 30, 1997 and the year  ended

December   31,   1996,  the  average  fair  value  of   financial

instruments held for trading purposes was as follows:

                                
                                         September 30, 1997
                                       Assets       Liabilities
                                         $                $

Exchange-Traded Contracts
  Futures Contracts                   7,727,000      24,978,000
Off-Exchange-Traded Forward
 Currency Contracts                 108,979,000     129,643,000



                                
<PAGE>
              DEAN WITTER WORLD CURRENCY FUND L.P.
           NOTES TO FINANCIAL STATEMENTS - (CONCLUDED)




                                          December 31, 1996
                                       Assets       Liabilities
                                         $               $

Exchange-Traded Contracts
  Futures Contracts                   11,267,000     36,511,000
  Options on Financial Futures        31,535,000              -
Off-Exchange-Traded Forward
 Currency Contracts                  150,360,000    162,534,000






































                                

<PAGE>

Item   2.  MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF  FINANCIAL
CONDITION AND RESULTS OF OPERATIONS


Liquidity  - The Partnership's assets are on deposit  in  futures

interest trading accounts with DWR and Carr, and are used by  the

Partnership as margin to engage in futures interest trading.  DWR

and  Carr hold such assets in either designated depositories  or

in  securities  approved by the CFTC for investment  of  customer

funds. The Partnership's assets held by DWR and Carr may be  used

as  margin  solely  or  the  Partnership's  trading.   Since  the

Partnership's  sole purpose is to trade in futures interests,  it

is expected that the Partnership will continue to own such liquid

assets for margin purposes.



The  Partnership's investment in futures interest may, from  time

to time, be illiquid.  Most United States futures exchanges limit

fluctuations in certain futures interest prices during  a  single

day  by  regulations  referred to as  "daily  price  fluctuations

limits" or "daily limits".  Pursuant to such regulations,  during

a  single trading day no trades may be executed at prices  beyond

the  daily limit.  If the price of a particular futures  interest

has  increased  or  decreased by an amount equal  to  the  "daily

limit",  positions in such futures interest can neither be  taken

nor liquidated unless traders are willing to effect trades at  or

within  the  limit.   Futures interest prices  have  occasionally

moved the daily limit for several consecutive days with little or

no trading.  Such market conditions could prevent the Partnership

from promptly liquidating its futures interests and result in

<PAGE>

restrictions on redemptions.  However, since the commencement  of

trading  by  the Partnership, there has never been  a  time  when

illiquidity  has affected a material portion of the Partnership's

assets.

                                

There  is  no limitation on daily price moves in trading  forward

contracts  on  foreign currencies.  The markets  for  some  world

currencies  have low trading volume and are illiquid,  which  may

prevent  the  Partnership from trading in potentially  profitable

markets  or  prevent  the Partnership from  promptly  liquidating

unfavorable  positions  in  such markets  and  subjecting  it  to

substantial  losses.   Either of these  market  conditions  could

result in restrictions on redemptions.



Capital  Resources. The Partnership does not have,  nor  does  it

expect  to  have, any capital assets.  Redemptions of  additional

Units  of Limited Partnership Interest in the future will  affect

the   amount  of  funds  available  for  investments  in  futures

interests  in  subsequent periods.  As  redemptions  are  at  the

discretion  of Limited Partners, it is not possible  to  estimate

the amount and therefore the impact of future redemptions.

                                

Results of Operations

For the Quarter and Nine Months Ended September 30, 1997

For the quarter ended September 30, 1997, the Partnership's total

trading revenues including interest income were $2,720,642.

During the third quarter, the Partnership posted an increase in

Net

<PAGE>

Asset Value per Unit.  The most significant profits were recorded

during July as the value of the U.S. dollar strengthened relative

to most major world currencies.  As a result, gains were recorded

from short German mark positions, as well as from short positions

in   the   Swiss  franc,  French  franc,  and  Singapore  dollar.

Additional  gains  were  recorded from  short  Malaysian  ringgit

positions  as  its  value declined relative to  the  U.S.  dollar

throughout  the quarter.  A portion of the Partnership's  overall

gains  for  the  quarter  was offset by losses  experienced  from

transactions involving the British pound as its value moved in  a

trendless  pattern relative to other world currencies during  the

quarter.    Smaller   losses  were  recorded  from   transactions

involving  the  Japanese  yen as its  value  also  moved  without

consistent direction during the quarter.  Total expenses for  the

quarter  were $525,220 generating net income of $2,195,422.   The

value  of  an  individual Unit in the Partnership increased  from

$855.28 at June 30, 1997 to $919.73 at September 30, 1997.

                                

For  the  nine months ended September 30, 1997, the Partnership's

total trading revenues including interest income were $9,465,060.

During  the  first  three quarters of the year,  the  Partnership

posted  an  increase  in  Net Asset Value  per  Unit.   The  most

significant gains were recorded during January and February as  a

strengthening  in the value of the U.S. dollar relative  to  most

other  major  currencies emerged.  Gains were also recorded  from

transactions  involving the German mark and Japanese  yen  during

April and June.  Additional profits were recorded from short

<PAGE>

German  mark and Malaysian ringgit positions as the value of  the

U.S. dollar increased relative to these currencies throughout the

third  quarter.   A  small portion of the  Partnership's  overall

gains  was  offset by losses recorded from transactions involving

the  British  pound  as its value moved in  a  trendless  pattern

relative  to other world currencies during the first nine  months

of  the  year.   Total  expenses for the period  were  $2,021,410

resulting  in  net  income  of  $7,443,650.   The  value  of   an

individual  Unit  in the Partnership increased  from  $713.17  at

December 31, 1996 to $919.73 at September 30, 1997.



For the Quarter and Nine Months Ended September 30, 1996

For the quarter ended September 30, 1996, the Partnership's total

trading  losses  net of interest income were $1,678,255.   During

the third quarter, the Partnership posted a decrease in Net Asset

Value  per  Unit.   The  most  significant  trading  losses  were

recorded in this currency-only fund from inconsistent movement in

the  value  of  the  Swiss  franc  between  July  and  September.

Additional   losses  were  recorded  during  early  August   from

previously  established long German mark positions as  its  value

moved lower versus the U.S. dollar.  Smaller losses were recorded

from  transactions involving the Spanish peseta during  July  and

September.   These  losses were offset by gains  recorded  during

September  from short Japanese yen positions as its  value  moved

steadily  lower  versus the U.S. dollar.  Profits  recorded  from

transactions involving the Italian





<PAGE>

lira  during  July  and  August  also  helped  to  mitigate   the

Partnership  losses  for  the quarter.  Total  expenses  for  the

quarter  were  $615,571, resulting in a net loss  of  $2,293,826.

The value of an individual Unit in the Partnership decreased from

$678.84 at June 30, 1996 to $624.96 at September 30, 1996.

                                

For  the  nine months ended September 30, 1996, the Partnership's

total trading revenues including interest income were $1,673,171.

During  the first nine months of the year, the Partnership posted

a decrease in Net Asset Value per Unit.  Trading gains during the

first   nine  months  of  the  year  were  offset  by   brokerage

commissions   resulting  in  net  trading   losses.    The   most

significant  trading  losses were recorded in  most  major  world

currencies  during February due to sharp reversals  and  volatile

price  movement.   These losses were partially  offset  by  gains

recorded  from  short Swiss franc positions  during  January  and

throughout the second quarter as its value moved lower versus the

U.S.  dollar.   Smaller  losses in  the  third  quarter  resulted

primarily  from  trading in the Spanish peseta.   Gains  recorded

from transactions involving the British pound during January  and

May  helped  to offset Partnership losses during the  first  nine

months  of  the year.  Additional gains were recorded  from  long

Australian  dollar positions, as its value moved higher  relative

to  other  world currencies between late February and early  May.

Total expenses for the period were $1,741,853, resulting in a net

loss  of  $68,682.   The  value of  an  individual  Unit  in  the

Partnership  decreased  from $631.29  at  December  31,  1995  to

$624.96 at September 30, 1996.

<PAGE>

                   PART II.  OTHER INFORMATION

Item 1.   LEGAL PROCEEDINGS

On  September 6, 10, and 20, 1996, and on March 13, 1997, similar

purported class actions were filed in the Superior Court  of  the

State  of  California, County of Los Angeles, on  behalf  of  all

purchasers  of  interests in limited partnership commodity  pools

sold  by DWR.  Named defendants include DWR, Demeter, Dean Witter

Futures  &  Currency Management, Inc., MSDWD  (all  such  parties

referred  to  hereafter  as  the  "Dean  Witter  Parties"),   the

Partnership, certain other limited partnership commodity pools of

which  Demeter  is  the  general  partner,  and  certain  trading

advisors  (including JWH) to those pools.  On June 16, 1997,  the

plaintiffs  in  the  above actions filed a  consolidated  amended

complaint.   Similar purported class actions were also  filed  on

September  18 and 20, 1996 in the Supreme Court of the  State  of

New  York,  New  York County, and on November  14,  1996  in  the

Superior  Court  of  the State of Delaware,  New  Castle  County,

against  the  Dean  Witter Parties and certain  trading  advisors

(including  JWH)  on  behalf of all purchasers  of  interests  in

various  limited  partnership  commodity  pools,  including   the

Partnership,  sold  by DWR.  Generally, these complaints  allege,

among  other things, that the defendants committed fraud, deceit,

misrepresentation,  breach  of  fiduciary  duty,  fraudulent  and

unfair  business practices, unjust enrichment, and conversion  in

connection  with  the sale and operation of the  various  limited

partnership  commodity  pools.  The complaints  seek  unspecified

amounts  of  compensatory and punitive damages and other  relief.

It is possible that additional

<PAGE>

similar  actions  may be filed and that, in the course  of  these

actions,  other parties could be added as defendants.   The  Dean

Witter  Parties believe that they and the Partnership have strong

defenses  to,  and  they  will  vigorously contest, the actions.

Although the ultimate outcome  of  legal 

proceedings cannot be predicted with certainty, it is the opinion

of  management of the Dean Witter Parties that the resolution  of

the  actions  will  not  have a material adverse  effect  on  the

financial  condition or the results of operations of any  of  the

Dean Witter Parties or the Partnership.



Item 5.  OTHER INFORMATION

On  July  21,  1997,  MSDWD,  the sole  shareholder  of  Demeter,

appointed  a  new  Board of Directors consisting  of  Richard  M.

DeMartini, Mark J. Hawley, Lawrence Volpe, Joseph G. Siniscalchi,

Edward C. Oelsner III, and Robert E. Murray.
























<PAGE>





Item 6.   Exhibits and Reports on Form 8-K

          (A)  Exhibits - None.


          (B)  Reports on Form 8-K - None.













































<PAGE>


                           SIGNATURE



Pursuant  to the requirements of the Securities Exchange  Act  of
1934, the Registrant has duly caused this report to be signed  on
its behalf by the undersigned, thereunto duly authorized.




                                Dean  Witter World Currency  Fund
L.P. (Registrant)

                               By: Demeter Management Corporation
                                  (General Partner)

November   10,  1997               By:   /s/  Patti   L.   Behnke
Patti L. Behnke
                                        Chief Financial Officer




The  General  Partner which signed the above is  the  only  party
authorized  to  act  for the Registrant.  The Registrant  has  no
principal   executive  officer,  principal   financial   officer,
controller, or principal accounting officer and has no  Board  of
Directors.