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 quarterly period ended September 30, 2000 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. 0-19901

         DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.

     (Exact name of registrant as specified in its charter)


          Delaware                                13-3642323
State   or  other  jurisdiction  of                       (I.R.S.
Employer
incorporation or organization)                     Identification
No.)


c/o Demeter Management Corporation
Two World Trade Center, 62 Fl., New York, NY         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 GLOBAL PERSPECTIVE PORTFOLIO L.P.

             INDEX TO QUARTERLY REPORT ON FORM 10-Q

                       September 30, 2000


<CAPTION>

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

     Statements of Financial Condition September 30, 2000
     (Unaudited) and December 31, 1999.....................2

     Statements of Operations for the Quarters Ended
     September 30, 2000 and 1999 (Unaudited)...............3

     Statements of Operations for the Nine Months Ended
     September 30, 2000 and 1999 (Unaudited)...............4

     Statements of Changes in Partners' Capital for the
        Nine Months Ended September 30, 2000 and 1999
     (Unaudited)...........................................5

     Statements of Cash Flows for the Nine Months Ended
     September 30, 2000 and 1999 (Unaudited)...............6

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

Item 2. Management's Discussion and Analysis of

Financial Condition and Results of Operations..13-23

Item 3. Quantitative and Qualitative Disclosures about
        Market Risk .................................. 23-36

Part II. OTHER INFORMATION

Item 1. Legal Proceedings.................................37

Item 6. Exhibits and Reports on Form 8-K...............37-38


</TABLE>





<PAGE>
<TABLE>

                 PART I.  FINANCIAL INFORMATION

Item 1.  Financial Statements

         DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
               STATEMENTS OF FINANCIAL CONDITION
<CAPTION>
                                   September 30,     December 31,

2000                                   1999                     $
$
                                    (Unaudited)
ASSETS
<S>                                     <C>            <C>
Equity in futures interests trading accounts:
 Cash                               10,063,570     14,098,056

   Net   unrealized   gain   on  open  contracts   (MS   &   Co.)
193,618                                   -
    Net    unrealized    loss    on   open    contracts    (MSIL)
(57,368)                                  -
   Net   unrealized   gain  (loss)  on  open   contracts   (Carr)
(187)                                  987,025

   Total  net  unrealized  gain  on  open  contracts      136,063
987,025

      Total Trading Equity          10,199,633     15,085,081

Due from DWR                            50,600         65,610
Interest receivable (DWR)               43,143          53,212

      Total Assets                  10,293,376     15,203,903


LIABILITIES AND PARTNERS' CAPITAL

Liabilities

Redemptions payable                    406,798        310,659
Accrued management fees                 25,452         37,986
Accrued administrative expenses         11,661         9,491

      Total Liabilities                443,911        358,136

Partners' Capital

 Limited Partners (11,851.018 and
       15,086.096 Units, respectively) 9,673,190   14,636,245
 General Partner (215.962 Units)       176,275        209,522

 Total Partners' Capital             9,849,465     14,845,767

  Total  Liabilities and Partners' Capital    10,293,376    15,20
3,903

NET ASSET VALUE PER UNIT           816.23               970.18

<FN>
          The accompanying notes are an integral part
                 of these financial statements.
</TABLE>
<PAGE>
<TABLE>
         DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
                    STATEMENTS OF OPERATIONS
                           (Unaudited)

<CAPTION>





                              For the Quarters Ended September 30,

                                        2000        1999
                                          $            $
REVENUES
<S>                                      <C>          <C>
 Trading loss:
       Realized                          (512,195)      (282,501)
Net change in unrealized             (1,326)      (306,012)
      Total Trading Results        (513,521)    (588,513)
       Interest      Income      (DWR)                    133,445
167,125
      Total Revenues               (380,076)     (421,388)

EXPENSES

   Brokerage   commissions  (DWR)          185,834        304,523
Management    fees                          79,508        132,068
Transaction   fees  and  costs              19,131         37,997
Administrative     expenses                     6,651      10,978
Incentive                                                    fees
-                                    (4,244)
    Total Expenses                   291,124       481,322

NET LOSS                           (671,200)    (902,710)

NET LOSS ALLOCATION

   Limited   Partners                    (659,892)      (890,828)
General Partner                     (11,308)     (11,882)

NET LOSS PER UNIT

                         Limited                         Partners
(52.36)                                     (55.02)
                                                          General
(52.36)                                  (55.02)

<FN>

          The accompanying notes are an integral part
                 of these financial statements.
</TABLE>
<PAGE>
<TABLE>
         DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
                    STATEMENTS OF OPERATIONS
                           (Unaudited)

<CAPTION>


                            For the Nine Months Ended September 30,

                                        2000        1999
                                          $            $
REVENUES
<S>                                      <C>          <C>
 Trading profit (loss):
        Realized                          (650,045)     1,674,149
Net       change      in      unrealized                (850,962)
(639,165)
      Total Trading Results      (1,501,007)  1,034,984
 Interest Income (DWR)               440,458      485,937
      Total Revenues             (1,060,549)    1,520,921

EXPENSES

   Brokerage   commissions   (DWR)           651,776      941,692
Management    fees                         280,221        412,962
Transaction    fees   and   costs              74,122     120,081
Administrative    expenses                  20,923         34,328
Incentive                                                    fees
-                                 13,757
    Total Expenses                 1,027,042     1,522,820

NET LOSS                         (2,087,591)         (1,899)

NET LOSS ALLOCATION

    Limited   Partners                  (2,054,344)       (1,646)
General Partner                     (33,247)      (253)
NET LOSS PER UNIT

 Limited Partners                   (153.95)     (1.17)
                          General                         Partner
(153.95)                                                   (1.17)
<FN>





          The accompanying notes are an integral part
                 of these financial statements.
</TABLE>
<PAGE>
<TABLE>
         DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
           STATEMENTS OF CHANGES IN PARTNERS' CAPITAL
     For the Nine Months Ended September 30, 2000 and 1999
                           (Unaudited)

<CAPTION>



                          Units of
                        Partnership Limited   General
                          Interest   Partners Partner    Total



<S>                           <C>                <C>         <C>      <C>
Partners' Capital,
 December 31, 1998   17,646.093  $18,754,867        $232,376     $18,987,243

Net                                                          Loss
-                        (1,646)             (253)  (1,899)

Redemptions               (1,692.531)                 (1,837,970)
-                                   (1,837,970)

Partners' Capital,
 September 30, 1999     15,953.562         $16,915,251           $232,123
$17,147,374




Partners' Capital,
 December 31, 1999     15,302.058          $14,636,245           $209,522
$14,845,767

Net                                                          Loss
-                                          (2,054,344)           (33,247)
(2,087,591)

Redemptions               (3,235.078)                 (2,908,711)
-                                   (2,908,711)

Partners' Capital,
 September 30, 2000     12,066.980         $9,673,190            $176,275
$9,849,465






<FN>







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


<PAGE>
<TABLE>


          DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
                    STATEMENTS OF CASH FLOWS
                           (Unaudited)




<CAPTION>

                            For the Nine Months Ended September 30,

                                       2000           1999
                                          $             $
CASH FLOWS FROM OPERATING ACTIVITIES
<S>                                       <C>            <C>
Net                                                          loss
(2,087,591)                                     (1,899)
Noncash item included in net loss:
    Net change in unrealized          850,962            639,165
Decrease in operating assets:
     Due  from DWR                       15,010            21,289
Interest receivable (DWR)              10,069            79
Increase (decrease) in operating liabilities:
                 Accrued             management              fees
(12,534)                                                  (4,630)
Accrued       administrative      expenses                  2,170
24,878
Net  cash  provided  by  (used  for)  operating  activities    (1
,221,914)                                        678,882

CASH FLOWS FROM FINANCING ACTIVITIES

Increase (decrease) in redemptions payable96,139         (7,397)
Redemptions                       of                        Units
(2,908,711)                                     (1,837,970)
Net    cash   used   for   financing   activities     (2,812,572)
(1,845,367)
Net   decrease  in  cash               (4,034,486)              (
1,166,485)
Balance     at     beginning     of     period         14,098,056
17,208,838
Balance     at     end     of     period               10,063,570
16,042,353



<FN>




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

</TABLE>
<PAGE>

          DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.

                  NOTES TO FINANCIAL STATEMENTS

                           (UNAUDITED)

The  unaudited financial statements contained herein include,  in

the  opinion of management, all adjustments necessary for a  fair

presentation of the results of operations and financial condition

of   Dean   Witter   Global  Perspective  Portfolio   L.P.   (the

"Partnership").   The  financial statements and  condensed  notes

herein  should  be  read  in conjunction with  the  Partnership's

December 31, 1999 Annual Report on Form 10-K.


1. Organization

Dean  Witter  Global  Perspective Portfolio L.P.  is  a  Delaware

limited  partnership  organized  to  engage  primarily   in   the

speculative trading of futures and forward contracts, options  on

futures  contracts,  physical  commodities  and  other  commodity

interests (collectively, "futures interests").



The   general   partner   is   Demeter   Management   Corporation

("Demeter").  The non-clearing commodity broker  is  Dean  Witter

Reynolds Inc. ("DWR").  Morgan Stanley & Co., Inc. ("MS  &  Co.")

and  Morgan Stanley & Co. International Limited ("MSIL")  provide

clearing and execution services.  Demeter, DWR, MS & Co. and MSIL

are wholly-owned subsidiaries of Morgan Stanley Dean Witter & Co.





<PAGE>

          DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
            NOTES TO FINANCIAL STATEMENTS (CONTINUED)


The   trading  advisors  for  the  Partnership  are  EMC  Capital

Management,  Inc.  ("EMC")  and Millburn  Ridgefield  Corporation

("Millburn") (collectively the "Trading Advisors").



2.  Related Party Transactions

The Partnership's cash is on deposit with DWR, MS & Co., and MSIL

in futures interests trading accounts to meet margin requirements

as  needed. DWR pays interest on these funds based on current 13-

week  U.S.  Treasury bill rates. The Partnership  pays  brokerage

commissions to DWR.



3.  Financial Instruments

The Partnership trades futures and forward contracts, options  on

futures  contracts,  physical  commodities  and  other  commodity

interests.  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

significantly  influence  the market value  of  these  contracts,

including interest rate volatility.







<PAGE>

          DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.

            NOTES TO FINANCIAL STATEMENTS (CONTINUED)
In  June  1998, the Financial Accounting Standards Board ("FASB")

issued  Statement of Financial Accounting Standard  ("SFAS")  No.

133,   "Accounting   for  Derivative  Instruments   and   Hedging

Activities" effective for fiscal years beginning after  June  15,

2000,  as  amended by SFAS No. 137. The Partnership  adopted  the

provisions  of SFAS No. 133 beginning with the fiscal year  ended

December 31, 1998. SFAS No. 133 superceded SFAS Nos. 119 and 105,

which  required the disclosure of average aggregate  fair  values

and   contract/notional  values,  respectively,   of   derivative

financial  instruments for an entity that carries its  assets  at

fair  value.  SFAS No. 133 was further amended by SFAS  No.  138,

which  clarifies issues surrounding interest rate  risk,  foreign

currency  denominations,  normal  purchases  and  sales  and  net

hedging.  The application of SFAS No. 133, as amended by SFAS No.

137,  did  not  have  a significant effect on  the  Partnership's

financial  statements, nor will the application of the provisions

of  SFAS  No.  138 have a significant effect on the Partnership's

financial statements.



SFAS  No.  133 defines a derivative as a financial instrument  or

other   contract   that   has  all   three   of   the   following

characteristics:

  1)    One  or  more  underlying  notional  amounts  or  payment

     provisions;

<PAGE>

          DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
            NOTES TO FINANCIAL STATEMENTS (CONTINUED)




  2)   Requires no initial net investment or a smaller initial net

     investment than would be required relative to changes in market

     factors;

3)   Terms require or permit net settlement.


Generally derivatives include futures, forwards, swaps or  option

contracts,   or   other   financial  instruments   with   similar

characteristics such as caps, floors and collars.



The  net  unrealized gains on open contracts are  reported  as  a

component  of  "Equity in futures interests trading accounts"  on

the  statements of financial condition and totaled  $136,063  and

$987,025   at   September  30,  2000  and  December   31,   1999,

respectively.



Of  the  $136,063  net  unrealized  gain  on  open  contracts  at

September  30, 2000, $132,570 related to exchange-traded  futures

contracts  and  $3,493  related  to  off-exchange-traded  forward

currency contracts.



Of the $987,025 net unrealized gain on open contracts at December

31, 1999, $957,815 related to exchange-traded futures contracts



<PAGE>

          DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
            NOTES TO FINANCIAL STATEMENTS (CONTINUED)




and  $29,210  related  to  off-exchange-traded  forward  currency

contracts.



Exchange-traded  futures contracts held  by  the  Partnership  at

September  30,  2000 and December 31, 1999 mature  through  March

2001  and  June  2000, respectively. Off-exchange-traded  forward

currency contracts held by the Partnership at September 30,  2000

and  December  31, 1999 mature through December  2000  and  March

2000, respectively.



The Partnership has credit risk associated with counterparty non-

performance.  The credit risk associated with the instruments  in

which  the  Partnership  is involved is limited  to  the  amounts

reflected in the Partnership's statements of financial condition.



The  Partnership also has credit risk because DWR, MS & Co.,  and

MSIL   act   as   the   futures  commission  merchants   or   the

counterparties with respect to most of the Partnership's  assets.

Exchange-traded futures and future-styled options  contracts  are

marked  to  market  on  a daily basis, with variations  in  value

settled  on a daily basis. Each of DWR, MS & Co., and MSIL  as  a

futures commission merchant for the Partnership's exchange-traded

futures  and  futures-styled  options  contracts,  are  required,

pursuant to

<PAGE>

          DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
            NOTES TO FINANCIAL STATEMENTS (CONCLUDED)




regulations of the Commodity Futures Trading Commission ("CFTC"),

to  segregate from their own assets, and for the sole benefit  of

their commodity customers, all funds held by them with respect to

exchange-traded  futures  and futures-styled  options  contracts,

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

futures and futures-styled options contracts, which funds, in the

aggregate,  totaled $10,196,140 and $15,055,871 at September  30,

2000  and  December 31, 1999, 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 MS  &  Co.,  the  sole

counterparty   on  all  of  such  contracts,  to  perform.    The

Partnership  has  a  netting  agreement  with  MS  &  Co.    This

agreement, which seeks to reduce both the Partnership's and MS  &

Co.'s exposure on off-exchange-traded forward currency contracts,

should  materially decrease the Partnership's credit risk in  the

event of MS & Co.'s bankruptcy or insolvency.






<PAGE>

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

Liquidity - The Partnership deposits its assets with DWR as  non-

clearing  broker  and MS & Co. and MSIL as clearing  brokers,  in

separate  futures trading accounts established for  each  Trading

Advisor,  which assets are used as margin to engage  in  trading.

The  assets are held in either non-interest-bearing bank accounts

or  in  securities  and instruments permitted  by  the  CFTC  for

investment   of  customer  segregated  or  secured  funds.    The

Partnership's assets held by the commodity brokers may be used as

margin   solely  for  the  Partnership's  trading.    Since   the

Partnership's sole purpose is to trade in futures, forwards,  and

options, it is expected that the Partnership will continue to own

such liquid assets for margin purposes.



The  Partnership's investment in futures, forwards,  and  options

may, from time to time, be illiquid.  Most U.S. futures exchanges

limit  fluctuations in prices during a single day by  regulations

referred  to  as  "daily  price fluctuations  limits"  or  "daily

limits".   Trades may not be executed at prices beyond the  daily

limit.  If the price for a particular futures or options contract

has increased or decreased by an amount equal to the daily limit,

positions  in  that futures or options contract  can  neither  be

taken  nor liquidated unless traders are willing to effect trades

at  or  within the limit.  Futures prices have occasionally moved

the



<PAGE>

daily  limit  for  several consecutive days  with  little  or  no

trading.   These market conditions could prevent the  Partnership

from  promptly  liquidating its futures or options contracts  and

result in restrictions on redemptions.



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.



The  Partnership  has  never had illiquidity  affect  a  material

portion of its assets.



Capital  Resources. The Partnership does not have, or  expect  to

have,  any  capital assets.  Redemptions of additional  units  of

limited partnership interest ("Units") in the future will  affect

the amount of funds available for investment in futures interests

in subsequent periods.  It is not possible to estimate the amount

and therefore, the impact of future redemptions of Units.







<PAGE>

Results of Operations

General.   The  Partnership's  results  depend  on  its   Trading

Advisors  and  the  ability  of  the  Trading  Advisors'  trading

programs  to  take advantage of price movements or  other  profit

opportunities in the futures, forwards, and options markets.  The

following presents a summary of the Partnership's operations  for

the  quarters and nine months ended September 30, 2000 and  1999,

respectively, and a general discussion of its trading  activities

during  each period.  It is important to note, however, that  the

Trading Advisors trade in various markets at different times  and

that  prior  activity in a particular market does not  mean  that

such  market  will be actively traded by the Trading Advisors  or

will  be profitable in the future.  Consequently, the results  of

operations of the Partnership are difficult to discuss other than

in  the  context of its Trading Advisors' trading  activities  on

behalf of the Partnership as a whole and how the Partnership  has

performed in the past.



For the Quarter and Nine Months Ended September 30, 2000

For  the  quarter  ended  September  30,  2000,  the  Partnership

recorded  total trading losses net of interest income of $380,076

and  posted  a  decrease in Net Asset Value per Unit.   The  most

significant  losses of approximately 2.9% were  recorded  in  the

global  interest rate futures markets primarily from short German

interest  rate  futures positions as prices were  boosted  during

July by an upward move in U.S. bond prices.  Short Japanese

<PAGE>

government bond futures contributed to losses in this complex  as

prices   surged  and  long-term  interest  rates  dropped  during

September  as  investors sought refuge from  falls  in  U.S.  and

Japanese  stock prices.  Additional losses of approximately  1.6%

were recorded in the global stock index futures markets primarily

during  August from long Australian stock index futures positions

as prices declined amid disappointing earnings.  Losses were also

experienced  from  positions in European stock index  futures  as

prices  moved  in a trendless pattern throughout  a  majority  of

July.  In metals, losses of approximately 1.4% resulted primarily

from  short silver futures positions during August as prices rose

late  in  the month due to the U.S. dollar's weakness versus  the

Japanese  yen.  Trading zinc and aluminum futures throughout  the

quarter  also  resulted  in losses for the  metals  complex.   In

currencies, losses of approximately 1.2% were incurred from  long

Japanese  yen  positions during July as the yen's value  declined

versus  the U.S. dollar on skepticism regarding Japan's  economic

soundness.   These losses in the currency sector  were  partially

offset  by gains recorded from short New Zealand dollar positions

during August and September as its value weakened versus the U.S.

dollar   alongside  the  euro  and  worse-than-expected  economic

figures.  Losses of approximately 0.8% were recorded in the  soft

commodities markets primarily from short cotton futures positions

during  July  as prices jumped higher amid dryness  and  heat  in

Texas.   Also  in this sector, losses were recorded  during  July

from short-term whipsawing in coffee futures prices.  Losses in

<PAGE>

soft  commodities  were partially offset by gains  recorded  from

long  sugar futures positions during July as prices increased  on

forecasts  that the world surplus will shrink with smaller  crops

in 2000-2001.  Smaller losses of approximately 0.6% were recorded

in  the  energy  markets primarily from long  crude  oil  futures

positions as prices dropped during July due to growing conviction

that  Saudi  Arabia would boost production and  during  September

after President Clinton ordered the release of 30 million barrels

of  the  U.S.'s emergency Strategic Petroleum Reserve.  A portion

of   overall   Partnership  losses  was  offset   by   gains   of

approximately 0.2% recorded in the agricultural markets primarily

from  long soybean meal futures positions during August as prices

reversed higher due to hot and dry weather in the growing regions

of  the U.S.  Total expenses for the three months ended September

30, 2000 were $291,124, resulting in a net loss of $671,200.  The

value  of  a  Unit  decreased from $868.59 at June  30,  2000  to

$816.23 at September 30, 2000.



For  the  nine  months ended September 30, 2000  the  Partnership

recorded   total  trading  losses  net  of  interest  income   of

$1,060,549  and  posted a decrease in Net Asset Value  per  Unit.

The  most  significant losses of approximately 8.6% were recorded

in  the global interest rate futures markets primarily from short

Japanese   government  bond  futures  as  prices  surged   during

September  as  investors sought refuge from  falls  in  U.S.  and

Japanese stock prices.  Short German interest rate futures

<PAGE>

positions also recorded losses as prices were boosted during July

by  the upward move in U.S. bond prices.  Long U.S. interest rate

futures  positions posted losses during April as prices  declined

amid  fears  of  higher  interest  rates  and  inflation.   Newly

established   short   U.S.   interest  rate   futures   positions

contributed to these losses during May as prices moved higher  as

investors  shed  stock  holdings for the  safe  haven  of  bonds.

Additional   losses  of  approximately  6.0%  were  recorded   in

currencies  primarily from short Japanese yen  positions  as  the

yen's  value  strengthened  versus  the  U.S.  dollar  and  major

European  currencies during March on reports of yen  repatriation

by institutions ahead of the Japanese fiscal year end on March 31

and during June on the perception that interest rates in the U.S.

may have topped out.  Long Japanese yen positions incurred losses

during July as the yen's value declined versus the U.S. dollar on

skepticism  regarding Japan's economic soundness.  In the  global

stock  index futures markets, losses of approximately  5.3%  were

recorded   primarily  from  trading  Hang  Seng   Index   futures

throughout  the  first half of the year.  In  metals,  losses  of

approximately  3.1% resulted primarily from short silver  futures

positions  as prices surged during May on a jump in  gold  prices

and  a slip in the U.S. dollar and during August due to the  U.S.

dollar's  weakness  versus the Japanese yen.  Smaller  losses  of

approximately 1.3% were recorded in the agricultural markets from

long  wheat futures positions during February as prices  declined

on  insufficient  demand and heavy rain in  the  U.S.  production

area.  A portion of

<PAGE>

overall  Partnership losses were offset by gains of approximately

6.6% recorded in energies primarily from long natural gas futures

positions  as  prices moved to four year highs  during  May  amid

supply woes.  Long futures positions in crude oil and its refined

products  also contributed to profits as prices increased  during

January  on growing speculation that OPEC would extend production

cuts  beyond  the  deadline of March 2000.  Additional  gains  of

approximately  0.4%  were recorded in soft commodities  primarily

from  long sugar futures positions as prices trended to  22-month

highs  during June due to strong demand and declining  production

from  Brazil.   Short sugar futures positions  also  resulted  in

gains  during the first quarter as prices dropped during  January

amid  sustained  fears of global supply surplus.  Total  expenses

for  the  nine  months ended September 30, 2000 were  $1,027,042,

resulting  in  a  net loss of $2,087,591.  The value  of  a  Unit

decreased  from  $970.18  at December  31,  1999  to  $816.23  at

September 30, 2000.



For the Quarter and Nine Months Ended September 30, 1999

For  the  quarter  ended  September  30,  1999,  the  Partnership

recorded  total trading losses net of interest income of $421,388

and  posted  a  decrease in Net Asset Value per  Unit.  The  most

significant  losses of approximately 6.2% were  recorded  in  the

global  interest  rate  futures  markets  primarily  from   short

positions in Japanese government bond futures as prices increased

during July and September due to the strength in the Japanese yen

and expectations that monetary easing in that country will

<PAGE>

eventually  come.   Losses were also recorded from  trading  U.S.

interest  rate  futures during August and September  as  domestic

bond   prices  moved  in  a  short-term  volatile  pattern   amid

inflationary   concerns  and  questions  regarding   the   future

direction   of  U.S.  interest  rates.   Additional   losses   of

approximately  3.9%  were experienced in the global  stock  index

futures  markets  primarily from long  Hang  Seng  Index  futures

positions  as Hong Kong stocks moved lower during July on  rising

China-Taiwan  tensions  and  a fall  in  China's  gross  domestic

product and during September on fears of an interest rate hike in

the  U.S.  Smaller losses of approximately 1.2% were recorded  in

the  agricultural  markets primarily during September  from  long

wheat  futures positions as prices declined due to  rain  in  the

southwestern  plains  and continued weak  export  demand.   These

losses  were  partially  offset by gains  of  approximately  2.4%

recorded in the metals markets primarily from short gold  futures

positions  as  prices  reached  20-year  lows  during  July  amid

continuing murmurs that central banks were offloading or  seeking

to  offload  the precious metal, following the Bank of  England's

example.   During  September, long gold  futures  positions  were

profitable as gold prices surged higher as major European central

banks  said  they  would  cap their  sales  of  the  metal,  thus

tightening   supplies  in  the  face  of  a  growth  in   demand.

Additional  gains  of  approximately 1.9% were  recorded  in  the

energy markets primarily during September from long futures



<PAGE>

positions in crude oil and its refined products, unleaded gas and

heating  oil.  Prices in these markets increased due to  a  sharp

contraction  in  U.S. supplies, Hurricane Floyd and  confirmation

from  OPEC  ministers that they will hold their global production

cutbacks   until   April  of  next  year.    Smaller   gains   of

approximately  0.6%  were  experienced in  the  soft  commodities

markets primarily during July from short coffee futures positions

as  prices  fell as fears of impending frost damage to  Brazilian

plantations evaporated and on predictions that Brazil would  reap

a  record harvest next year.  Total expenses for the three months

ended  September 30, 1999 were $481,322, resulting in a net  loss

of  $902,710.   The value of a Unit decreased from  $1,129.85  at

June 30, 1999 to $1,074.83 at September 30, 1999.



For  the  nine  months ended September 30, 1999, the  Partnership

recorded  total  trading revenues including  interest  income  of

$1,520,921  and, after expenses, posted a decrease in  Net  Asset

Value per Unit.  The most significant net losses of approximately

6.7%  were  recorded  in the global stock index  futures  markets

primarily  during  June from short positions  in  European  stock

index  futures, particularly German, as prices in  these  markets

were  boosted higher by gains on Wall Street and in  Japan.  Long

Hang Seng Index futures positions also resulted in losses as Hong

Kong  stocks  moved  lower  during July  on  rising  China-Taiwan

tensions and a fall in China's gross domestic product and  during

September on fears of an interest rate hike in the U.S.

<PAGE>

Additional  losses  of approximately 1.8% were  recorded  in  the

agricultural markets primarily from short corn futures  positions

as  prices  moved  higher during March on  an  increase  in  U.S.

exports  and  forecasts for extended heat  and  dryness  in  most

Midwestern  states.   Smaller losses of approximately  1.0%  were

experienced in the soft commodities markets primarily  from  long

coffee  futures positions during January as prices declined  amid

fears  that economic turmoil in Brazil would lead them  to  flood

the  market  with  increased exports.  During June,  long  coffee

futures positions were unfavorable as prices declined due to warm

weather in Brazil and ample warehouse supplies.  A portion of the

Partnership's overall losses was offset by gains of approximately

2.7% recorded in the energy markets primarily from long crude oil

futures positions during March, April and September as oil prices

increased  on  news during the first half of the year  that  both

OPEC and non-OPEC countries had reached an agreement to cut total

output.   During the third quarter, prices rose due  to  a  sharp

contraction  in  U.S. supplies, Hurricane Floyd and  confirmation

during  the  third quarter that OPEC ministers  will  hold  their

global  production cutbacks until April of next year.  Additional

gains  of  approximately  1.1% were  experienced  in  the  global

interest  rate futures markets primarily from short positions  in

European   bond  futures,  particularly  British  interest   rate

futures, as prices in these markets moved lower during June  amid

a general negative tone over the euro, a decline in U.S. Treasury

bond prices and bearish sentiment pertaining to the overall

<PAGE>

health of the European economy.  In the metals markets, gains  of

approximately  1.1%  were  recorded  primarily  from  short  gold

futures positions as prices reached 20-year lows during July amid

continuing murmurs that central banks were offloading or  seeking

to  offload  the precious metal, following the Bank of  England's

example.   During  September, long gold  futures  positions  were

profitable as gold prices surged higher as major European central

banks  said  they  would  cap their sales  of  the  metal.  Total

expenses  for  the  nine  months ended September  30,  1999  were

$1,522,820, resulting in a net loss of $1,899.  The  value  of  a

Unit  decreased from $1,076.00 at December 31, 1998 to  $1,074.83

at September 30, 1999.



Item  3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES  ABOUT  MARKET
RISK

Introduction

The  Partnership is a commodity pool involved in the  speculative

trading  of  futures interests.  The market-sensitive instruments

held  by  the  Partnership are acquired for  speculative  trading

purposes only and, as a result, all or substantially all  of  the

Partnership's  assets  are at risk of trading  loss.   Unlike  an

operating  company, the risk of market-sensitive  instruments  is

central,  not  incidental,  to  the Partnership's  main  business

activities.







<PAGE>

The  futures interests traded by the Partnership involve  varying

degrees  of  market  risk.  Market risk is often  dependent  upon

changes  in  the level or volatility of interest rates,  exchange

rates,  and  prices  of  financial instruments  and  commodities.

Fluctuations  in market risk based upon these factors  result  in

frequent  changes  in  the fair value of the  Partnership's  open

positions, and, consequently, in its earnings and cash flow.



The  Partnership's  total market risk is  influenced  by  a  wide

variety  of  factors,  including the  diversification  among  the

Partnership's open positions, the volatility present  within  the

markets,  and the liquidity of the markets.  At different  times,

each  of these factors may act to increase or decrease the market

risk associated with the Partnership.



The  Partnership's past performance is not necessarily indicative

of  its  future results. Any attempt to numerically quantify  the

Partnership's  market risk is limited by the uncertainty  of  its

speculative  trading.  The Partnership's speculative trading  may

cause future losses and volatility (i.e. "risk of ruin") that far

exceed  the  Partnership's experiences to date or any  reasonable

expectations based upon historical changes in market value.


Quantifying the Partnership's Trading Value at Risk

The following quantitative disclosures regarding the Partner-



<PAGE>

ship's market risk exposures contain "forward-looking statements"

within  the  meaning  of  the safe harbor  from  civil  liability

provided for such statements by the Private Securities Litigation

Reform  Act  of 1995 (set forth in Section 27A of the  Securities

Act  of  1933 and Section 21E of the Securities Exchange  Act  of

1934).   All quantitative disclosures in this section are  deemed

to be forward-looking statements for purposes of the safe harbor,

except for statements of historical fact.



The  Partnership accounts for open positions using mark-to-market

accounting  principles.   Any loss in the  market  value  of  the

Partnership's  open  positions  is  directly  reflected  in   the

Partnership's earnings, whether realized or unrealized,  and  its

cash  flow.   Profits and losses on open positions  of  exchange-

traded  futures  interests are settled  daily  through  variation

margin.



The  Partnership's risk exposure in the market sectors traded  by

the Trading Advisors is estimated below in terms of Value at Risk

("VaR").  The  VaR  model used by the Partnership  includes  many

variables that could change the market value of the Partnership's

trading  portfolio.  The Partnership estimates VaR using a  model

based upon historical simulation with a confidence level of  99%.

Historical  simulation involves constructing  a  distribution  of

hypothetical  daily changes in the value of a trading  portfolio.

The VaR model takes into account linear exposures to price and

<PAGE>

interest  rate risk.  Market risks that are incorporated  in  the

VaR  model  include equity and commodity prices, interest  rates,

foreign exchange rates, and correlation among these variables.



The  hypothetical changes in portfolio value are based  on  daily

percentage changes observed in key market indices or other market

factors  ("market  risk  factors")  to  which  the  portfolio  is

sensitive. The historical observation period of the Partnership's

VaR  is  approximately  four years.  The one-day  99%  confidence

level of the Partnership's VaR corresponds to the negative change

in  portfolio value that, based on observed market risk  factors,

would have been exceeded once in 100 trading days.



VaR   models,   including  the  Partnership's,  are  continuously

evolving  as trading portfolios become more diverse and  modeling

techniques  and systems capabilities improve.  Please  note  that

the  VaR  model is used to numerically quantify market  risk  for

historic  reporting purposes only and is not utilized  by  either

Demeter  or  the Trading Advisors in their daily risk  management

activities.



The Partnership's Value at Risk in Different Market Sectors

The  following  table  indicates  the  VaR  associated  with  the

Partnership's open positions as a percentage of total Net  Assets

by  primary  market risk category as of September  30,  2000  and

1999.



<PAGE>

As  of  September  30,  2000 and 1999,  the  Partnership's  total

capitalization  was approximately $10 million  and  $17  million,

respectively.


     Primary Market       September 30, 2000   September 30, 1999
     Risk Category           Value at Risk        Value at Risk

     Currency                   (1.39)%                (1.76)%
     Interest Rate              (1.13)                 (1.27)

     Equity                     (1.12)                 (0.62)

     Commodity                  (1.12)                 (1.24)

     Aggregate Value at Risk    (2.62)%                (2.32)%


Aggregate Value at Risk represents the aggregate VaR of  all  the

Partnership's open positions and not the sum of the  VaR  of  the

individual Market Categories listed above.  Aggregate VaR will be

lower  as  it  takes  into  account correlation  among  different

positions and categories.



The  table  above  represents the VaR of the  Partnership's  open

positions  at  September  30, 2000  and  1999  only  and  is  not

necessarily representative of either the historic or future  risk

of  an  investment in the Partnership. Because the  Partnership's

only  business  is the speculative trading of futures  interests,

the composition of its trading portfolio can change significantly

over  any given time period, or even within a single trading day.

Any  changes  in  open positions could positively  or  negatively

materially impact market risk as measured by VaR.

<PAGE>

The table below supplements the quarter-end VaR by presenting the

Partnership's high, low and average VaR, as a percentage of total

Net  Assets for the four quarterly reporting periods from October

1, 1999 through September 30, 2000.



Primary Market Risk Category      High       Low        Average

Currency                        (1.58)%      (1.08)%     (1.29)%
Interest Rate                   (1.71)       (1.06)      (1.38)

Equity                          (1.12)       (0.64)      (0.84)

Commodity                       (1.29)       (0.60)      (0.93)

Aggregate Value at Risk          (2.62)%     (1.89)%     (2.31)%


Limitations on Value at Risk as an Assessment of Market Risk

The  face  value  of the market sector instruments  held  by  the

Partnership  is  typically  many  times  the  applicable   margin

requirements.  Margin requirements generally range between 2% and

15%  of  contract face value. Additionally, the use  of  leverage

causes  the face value of the market sector instruments  held  by

the   Partnership   to  typically  be  many   times   the   total

capitalization   of   the  Partnership.    The   value   of   the

Partnership's open positions thus creates a "risk  of  ruin"  not

typically found in other investments.  The relative size  of  the

positions held may cause the Partnership to incur losses  greatly

in excess of VaR within a short period of time, given the effects

of  the  leverage employed and market volatility.  The VaR tables

above, as well as the past



<PAGE>

performance of the Partnership, give no indication of such  "risk

of  ruin".  In  addition, VaR risk measures should be  viewed  in

light  of  the  methodology's  limitations,  which  include   the

following:

     past  changes in market risk factors will not always result

  in accurate predictions of the distributions and correlations of

  future market movements;

     changes  in portfolio value in response to market movements

  may differ from those of the VaR model;

    VaR results reflect past trading positions while future risk

  depends on future positions;

     VaR using a one-day time horizon does not fully capture the

  market  risk of positions that cannot be liquidated  or  hedged

  within one day; and

     the  historical  market  risk  factor  data  used  for  VaR

  estimation  may provide only limited insight into  losses  that

  could be incurred under certain unusual market movements.



The VaR tables above present the results of the Partnership's VaR

for  each  of the Partnership's market risk exposures and  on  an

aggregate basis at September 30, 2000 and for the end of the four

quarterly   reporting  periods  from  October  1,  1999   through

September  30, 2000.  Since VaR is based on historical data,  VaR

should  not  be viewed as predictive of the Partnership's  future

financial  performance or its ability to manage or monitor  risk.

There can



<PAGE>

be  no  assurance  that  the Partnership's  actual  losses  on  a

particular day will not exceed the VaR amounts indicated above or

that such losses will not occur more than 1 in 100 trading days.


Non-Trading Risk

The  Partnership has non-trading market risk on its foreign  cash

balances  not needed for margin.  These balances and  any  market

risk  they may represent are immaterial.  At September  30,  2000

the  Partnership's cash balance at DWR was approximately  89%  of

its  total  Net  Asset Value.  A decline in short  term  interest

rates  will  result  in  a  decline  in  the  Partnership's  cash

management   income.  This  cash  flow  risk  is  not  considered

material.



Materiality,  as used throughout this section,  is  based  on  an

assessment  of  reasonably  possible  market  movements  and  any

associated potential losses caused by such movements, taking into

account the leverage, optionality and multiplier features of  the

Partnership's market-sensitive instruments.



Qualitative Disclosures Regarding Primary Trading Risk Exposures

The following qualitative disclosures regarding the Partnership's

market risk exposures - except for (A) those disclosures that are

statements of historical fact and (B) the descriptions of how the

Partnership   manages  its  primary  market  risk   exposures   -

constitute forward-looking statements within the meaning of

<PAGE>

Section  27A  of  the  Securities Act  and  Section  21E  of  the

Securities  Exchange Act.  The Partnership's primary market  risk

exposures  as  well  as the strategies used and  to  be  used  by

Demeter and the Trading Advisors for managing such exposures  are

subject  to numerous uncertainties, contingencies and risks,  any

one  of which could cause the actual results of the Partnership's

risk  controls to differ materially from the objectives  of  such

strategies.   Government  interventions,  defaults   and   expro-

priations,   illiquid   markets,  the   emergence   of   dominant

fundamental  factors, political upheavals, changes in  historical

price  relationships,  an  influx  of  new  market  participants,

increased  regulation  and many other  factors  could  result  in

material  losses  as  well as in material  changes  to  the  risk

exposures  and the risk management strategies of the Partnership.

Investors  must be prepared to lose all or substantially  all  of

their investment in the Partnership.



The  following  were the primary trading risk  exposures  of  the

Partnership as of September 30, 2000, by market sector.   It  may

be  anticipated  however, that these market exposures  will  vary

materially over time.



Currency.  The  primary  market exposure in  the  Partnership  at

September 30, 2000 was in the currency sector.  The Partnership's

currency  exposure  was to exchange rate fluctuations,  primarily

fluctuations which disrupt the historical pricing relationships

<PAGE>

between  different currencies and currency pairs.  Interest  rate

changes  as  well  as  political and general economic  conditions

influence these fluctuations.  The Partnership trades in a  large

number  of  currencies, including cross-rates -  i.e.,  positions

between  two currencies other than the U.S. dollar.  At September

30, 2000, the Partnership's major exposures were in euro currency

crosses  and outright U.S. dollar positions.  Outright  positions

consist  of  the U.S. dollar vs. other currencies.   These  other

currencies include major and minor currencies.  Demeter does  not

anticipate  that  the risk profile of the Partnership's  currency

sector  will  change significantly in the future.   The  currency

trading VaR figure includes foreign margin amounts converted into

U.S.  dollars  with  an  incremental adjustment  to  reflect  the

exchange  rate  risk inherent to the dollar-based Partnership  in

expressing VaR in a functional currency other than dollars.



Interest  Rate. The second largest market exposure  at  September

30,  2000 was in the global interest rate complex.  Exposure  was

primarily spread across the U.S., European and Japanese  interest

rate  sectors.  Interest rate movements directly affect the price

of  the  sovereign bond futures positions held by the Partnership

and  indirectly affect the value of its stock index and  currency

positions.   Interest rate movements in one country  as  well  as

relative  interest  rate movements between  countries  materially

impact the Partnership's profitability.  The Partnership's



<PAGE>

primary  interest  rate exposure is generally  to  interest  rate

fluctuations  in the United States and the other  G-7  countries.

The  G-7  countries  consist of France, U.S.,  Britain,  Germany,

Japan,  Italy  and Canada.  However, the Partnership  also  takes

futures  positions  in the government debt of smaller  nations  -

e.g.  Australia.   Demeter anticipates that  G-7  and  Australian

interest rates will remain the primary interest rate exposure  of

the  Partnership  for  the foreseeable future.   The  changes  in

interest  rates  which have the most significant  effect  on  the

Partnership  are changes in long-term, as opposed to  short-term,

rates.   Most  of the speculative futures positions held  by  the

Partnership    are   in   medium-   to   long-term   instruments.

Consequently,  even a material change in short-term  rates  would

have  little effect on the Partnership, were the medium- to long-

term rates to remain steady.



Equity.   The primary equity exposure is to equity price risk  in

the  G-7  countries.   The  stock index  futures  traded  by  the

Partnership  are  by  law  limited to futures  on  broadly  based

indices.   As  of  September 30, 2000, the Partnership's  primary

exposures were in the S&P 500 (U.S.), TOPIX (Japan) and Hang Seng

(China)  stock indices.  The Partnership is primarily exposed  to

the  risk of adverse price trends or static markets in the  U.S.,

European  and Japanese indices.  Static markets would  not  cause

major market changes but would make it difficult for the



<PAGE>

Partnership  to  avoid  being  "whipsawed"  into  numerous  small

losses.



Commodity

Energy.  At September 30, 2000, the Partnership's energy exposure

was  shared primarily by futures contracts in the crude  oil  and

natural  gas  markets.  Price movements in these  markets  result

from political developments in the Middle East, weather patterns,

and  other economic fundamentals.  It is possible that volatility

will  remain  high.  Significant profits and losses,  which  have

been  experienced  in the past, are expected to  continue  to  be

experienced in this market.  Natural gas has exhibited volatility

in  prices resulting from weather patterns and supply and  demand

factors and may continue in this choppy pattern.



Metals.  The Partnership's primary metals market exposure  is  to

fluctuations  in  the  price of gold and  silver.   Although  the

Trading Advisors will from time to time trade base metals such as

copper, aluminum, nickel and zinc, the principal market exposures

of  the  Partnership have consistently been in  precious  metals,

gold and silver.  Exposure was evident in the gold market as gold

prices  continued  to  be volatile during  the  quarter.   Silver

prices  have remained volatile over this period, and the  Trading

Advisors  have  from time to time taken positions  as  they  have

perceived market opportunities to develop.



<PAGE>

Soft  Commodities and Agriculturals.  At September 30, 2000,  the

Partnership  had  exposure  in the markets  that  comprise  these

sectors.   Most  of  the exposure, however, was  in  the  coffee,

soybeans,  soybean  oil  and soybean meal  markets.   Supply  and

demand   inequalities,  severe  weather  disruption  and   market

expectations affect price movements in these markets.



Qualitative Disclosures Regarding Non-Trading Risk Exposure

The  following  was  the only non-trading risk  exposure  of  the

Partnership as of September 30, 2000:



Foreign  Currency  Balances.  The Partnership's  primary  foreign

currency  balances  at  September 30,  2000  were  in  Hong  Kong

dollars.  The Partnership controls the non-trading risk of  these

balances by regularly converting these balances back into dollars

upon liquidation of the respective position.



Qualitative Disclosures Regarding Means of Managing Risk Exposure

The Partnership and the Trading Advisors, separately, attempt  to

manage   the   risk  of  the  Partnership's  open  positions   in

essentially  the  same  manner in all market  categories  traded.

Demeter  attempts  to manage market exposure by diversifying  the

Partnership's  assets among different Trading  Advisors  each  of

whose  strategies focus on different market sectors  and  trading

approaches, and monitoring the performance of the Trading



<PAGE>

Advisors  daily.   In  addition, the Trading  Advisors  establish

diversification  guidelines, often set in terms  of  the  maximum

margin  to be committed to positions in any one market sector  or

market-sensitive  instrument.  One should be aware  that  certain

Trading  Advisors  treat their risk control  policies  as  strict

rules, whereas others treat such policies as general guidelines.



Demeter  monitors and controls the risk of the Partnership's non-

trading   instrument,  cash.   Cash  is  the   only   Partnership

investment directed by Demeter, rather than the Trading Advisors.

































<PAGE>

                   PART II.  OTHER INFORMATION

Item 1.  LEGAL PROCEEDINGS

Please  refer  to Legal Proceedings previously disclosed  in  the

Partnership's Form 10-Q(s) for the quarters ended March 31,  2000

and  June 30, 2000 and Form 10-K for the year ended December  31,

1999.

Item 6.   EXHIBITS AND REPORTS ON FORM 8-K

(A)   Exhibits

3.01   Limited Partnership Agreement of the Partnership, dated as
     of  November 7, 1991 is incorporated by reference to Exhibit
     3.01  and  Exhibit  3.02  of the Partnership's  Registration
     Statement on Form S-1.

10.01  Management  Agreements among the Partnership, Demeter  and
     A.O.  Management,  Inc.,  Chang Crowell  and  Millburn  each
     dated  as  of December 31, 1991 is incorporated by reference
     by   Exhibit   10.02   of  the  Partnership's   Registration
     Statement on Form S-1.

10.  02                                                Management
     Agreement  among the Partnership, Demeter         Management
     Corporation and ELM Financial Incorporated dated  as of  May
     1,  1994 is incorporated by reference to Exhibit   10.03  of
     the  Partnership's  Annual Report on  Form  10-K  for    the
     fiscal year ended December 31, 1994.

10.       03                                           Management
Agreement among the Partnership, Demeter Manage-
                                               ment   Corporation
     and  EMC Capital Management, Inc. dated as  of June 1,  1994
     is  incorporated by reference to Exhibit      10.04  of  the
     Partnership's  Annual Report on Form 10-K for    the  fiscal
     year ended December 31, 1994.

10.  04                                           Amended     and
     Restated Customer Agreement, dated as of        December  1,
     1997,  between  the Partnership and Dean  Witter    Reynolds
     Inc.  is incorporated by reference to Exhibit 10.04  of  the
     Partnership's Form 10-K (File No. 0-19901) for        fiscal
     year ended December 31, 1998.

10.05  Customer  Agreement, dated as of December 1,  1997,  among
     the   Partnership,  Carr  Futures,  Inc.,  and  Dean  Witter
     Reynolds    Inc.  is  incorporated by reference  to  Exhibit
     10.05  of  the   Partnership's Form 10-K (File No.  0-19901)
     for fiscal year  ended December 31, 1998.

<PAGE>
10.     06                                          International
  Foreign  Exchange  Master  Agreement,  dated  as             of
  August   1,   1997,   between   the   Partnership   and    Carr
  Futures,  Inc.  is incorporated by reference to  Exhibit  10.06
  of  the  Partnership's Form 10-K (File No. 0-19901) for  fiscal
  year ended December 31, 1998.

10.07 Customer Agreement, dated as of May 1, 2000 between  Morgan
      Stanley  &  Co.  Incorporated,  the  Partnership  and  Dean
      Witter  Reynolds  Inc.  is  incorporated  by  reference  to
      Exhibit 10.07 of the Partnership's Form 10-Q (File  No.  0-
      19901) for the quarter ended June 30, 2000.

(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 Global Perspective
                           Portfolio L.P. (Registrant)

                        By: Demeter Management Corporation
                            (General Partner)

November 14, 2000       By:/s/Raymond E. Koch             _
                              Raymond E. Koch
                              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.