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, 2005 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 Number 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.)


Demeter Management Corporation
330 Madison Avenue, 8th Floor
New York, NY                             	   	  10017
(Address of principal executive offices)	  	     (Zip Code)

Registrant?s telephone number, including area code (212) 905-2700





(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___________


Indicate by check-mark whether the registrant is an accelerated
filer (as defined in Rule 12b-2 of the Exchange Act).

Yes             No     X

Indicate by check-mark whether the registrant is a shell company
(as defined in Rule 12b-2 of the Exchange Act).  Yes___  No X


<page> <table> DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.

(IN LIQUIDATION)

	INDEX TO QUARTERLY REPORT ON FORM 10-Q

	September 30, 2005


<caption>

PART I. FINANCIAL INFORMATION

Item 1. Financial Statements

		<c>
	Statements of Financial Condition as of September 30, 2005
	(Unaudited) and December 31, 2004	2

	Statements of Operations for the Three and Nine Months
	Ended September 30, 2005 and 2004 (Unaudited)	3

	Statements of Changes in Partners? Capital for the
	Nine Months Ended September 30, 2005 and 2004
	(Unaudited)	4

	Statements of Cash Flows for the Nine Months
	Ended September 30, 2005 and 2004 (Unaudited)	5

	Notes to Financial Statements (Unaudited)	6-12

Item 2.	Management?s Discussion and Analysis of
	Financial Condition and Results of Operations	13-29

Item 3.	Quantitative and Qualitative Disclosures about
	Market Risk	30-39

Item 4.	Controls and Procedures	40


PART II. OTHER INFORMATION

Item 5.	Other Information	41-42

Item 6.	Exhibits 	42

</table>


<page> <table> PART I.  FINANCIAL INFORMATION
Item 1.  Financial Statements

	DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
(IN LIQUIDATION)
	STATEMENTS OF FINANCIAL CONDITION

<caption>	   September 30,	     December 31,
         2005      	       2004
	$	$
	 (Unaudited)
ASSETS

	<c>	<c>
Equity in futures interests trading accounts:
	Cash	4,944,822 	7,916,947

	Net unrealized gain on open contracts (MS&Co.) 	206,126	454,500
	Net unrealized gain (loss) on open contracts (MSIL)	      11,477	         (2,263)

	     Total net unrealized gain on open contracts	     217,603	      452,237

		Total Trading Equity	5,162,425 	8,369,184

Due from Morgan Stanley DW	 46,525	26,911
Interest receivable (Morgan Stanley DW)	                  19,839	         12,471


		Total Assets	    5,228,789	   8,408,566

LIABILITIES AND PARTNERS? CAPITAL
Liabilities

Accrued management fees	 13,053	21,009
Accrued administrative expenses	         1,085   	        5,183
Redemptions payable	           ?      	      57,788

	    Total Liabilities	       14,138		      83,980

Partners? Capital
	Limited Partners (7,246.845)	          ?      	8,217,490
	General Partner       (94.446)	          ?      	  107,096

Partners? Capital to be distributed upon liquidation
	Limited Partners (4,751.108)	5,113,011	             ?
	General Partner       (94.446)	   101,640	                        ?

		Total Partners? Capital		   5,214,651	    8,324,586

		Total Liabilities and Partners? Capital	   5,228,789	    8,408,566

NET ASSET VALUE PER UNIT                                                   	             ?       	      1,133.94
NET ASSET VALUE PER UNIT TO BE
DISTRIBUTED UPON LIQUIDATION	       1,076.17
<fn>
The accompanying notes are an integral part
of these financial statements.
</table>
<page> <table>
	DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
(IN LIQUIDATION)
	STATEMENTS OF OPERATIONS
(Unaudited)
<caption>
            For the Three Months	                           For the Nine
Months
          Ended September 30,                         Ended September
30,

               2005   	        2004    	      2005   	    2004
           $	               $		        $	  $

	<c>	<c>		<c>	<c>
INVESTMENT INCOME
	Interest income (Morgan Stanley DW)	   50,983      		      23,847 		    133,013
64,078

EXPENSES
	Brokerage commissions (Morgan Stanley DW)	82,739	125,885	308,548		453,574
	Management fees	45,275      	    57,845	158,209 		   206,955
	Transaction fees and costs	11,942	10,221	36,789		45,832
	Administrative expenses	3,763	4,808	13,151		17,167
	Incentive fee	        ?         	                ?          	         	          ?       	        73,856

		   Total Expenses 	   143,719	      198,759	    516,697		        797,384

NET INVESTMENT LOSS 	   (92,736)	     (174,912)	   (383,684)		      (733,306)

TRADING RESULTS
Trading profit (loss):
	Realized	600,746 	(725,595)	137,992		(897,930)
	Net change in unrealized	   (309,454)	     395,705 		   (234,634)	       (692,540)
			291,292	(329,890)	(96,642)		(1,590,470)
Proceeds from Litigation Settlement	           ?      	          6,653	           ?      	          6,653

		  Total Trading Results	    291,292	    (323,237)	     (96,642)		  (1,583,817)

NET INCOME (LOSS)	    198,556	   (498,149)	   (480,326)		  (2,317,123)

NET INCOME (LOSS) ALLOCATION

	Limited Partners	195,206	  (492,024)	(474,870)		(2,289,175)
	General Partner 	3,350	(6,125)	(5,456)	(27,948)


NET INCOME (LOSS) PER UNIT

	Limited Partners                                                        	35.47	               (64.85)	(57.77)		(295.91)
	General Partner                                                        	35.47	               (64.85)	(57.77)		(295.91)

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

<page> <table> DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
(IN LIQUIDATION)
	STATEMENTS OF CHANGES IN PARTNERS? CAPITAL
	For the Nine Months Ended September 30, 2005 and 2004
	(Unaudited)

<caption>



                                                                        Units of
                                                                     Partnership	Limited	General
                                                                        Interest      	   Partners   	  Partner  	     Total
		$	$	$


	<c>	<c>	<c>	<c>
Partners? Capital,
	December 31, 2003                                8,205.927	10,523,160	122,527	10,645,687

Net Loss	?   		(2,289,175)	(27,948)	(2,317,123)

Redemptions                                               (706.364)		    (818,432)	   ?
   (818,432)

Partners? Capital,
	September 30, 2004                               7,499.563		   7,415,553	    94,579
  7,510,132






Partners? Capital,
	December 31, 2004                                7,341.291	 8,217,490	107,096	 8,324,586

Net Loss	?   		(474,870)	(5,456)	(480,326)

Redemptions                                            (2,495.737)		  (2,629,609)	    ?
(2,629,609)

Partners? Capital,
	September 30, 2005                              4,845.554 		    5,113,011	     101,640
5,214,651



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


<page> <table> DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
(IN LIQUIDATION)
STATEMENTS OF CASH FLOWS
(Unaudited)


,caption>
	    For the Nine Months Ended September 30,

	        2005     	       2004
	        $	       $


CASH FLOWS FROM OPERATING ACTIVITIES

			<c>	<c>
Net loss	(480,326)	(2,317,123)
Noncash item included in net loss:
	Net change in unrealized	234,634	692,540

(Increase) decrease in operating assets:
	Due from Morgan Stanley DW	(19,614)	27,027
	Interest receivable (Morgan Stanley DW)	(7,368)	(2,176)

Decrease in operating liabilities:
	Accrued management fees	(7,956)	(8,163)
	Accrued administrative expenses	(4,098)	(1,710)

	Accrued incentive fee	    					         ?      	          (102,507)


Net cash used for operating activities	   (284,728)	   (1,712,112)

CASH FLOWS FROM FINANCING ACTIVITIES

Cash paid from redemptions of Units	   (2,687,397)	     (837,440)

Cash used for financing activities	   (2,687,397)	    (837,440)

Net decrease in cash	(2,972,125)	(2,549,552)

Balance at beginning of period	   7,916,947	   9,551,757

Balance at end of period	   4,944,822	   7,002,205



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




<page> DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
(IN LIQUIDATION)
NOTES TO FINANCIAL STATEMENTS

September 30, 2005

(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, 2004 Annual Report on Form 10-K. Certain
reclassifications have been made to the prior year?s financial
statements to conform to the current year presentation.  Such
reclassifications have no impact on the Partnership?s reported net
income (loss).

1.  Organization
Dean Witter Global Perspective Portfolio L.P. is a Delaware limited
partnership organized in 1991 to engage primarily in the
speculative trading of futures contracts, options on futures
contracts, and forward contracts on physical commodities and other
commodity interests, including, but not limited to, foreign
currencies, financial instruments, metals, energy, and agricultural
products.
The Partnership terminated trading on September 30, 2005.
Demeter Management Corporation (?Demeter?), the general partner

<page> DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
(IN LIQUIDATION)
NOTES TO FINANCIAL STATEMENTS (CONTINUED)
of the Partnership will commence dissolution of the Partnership
in accordance with the Partnership?s Limited Partnership
Agreement, which dissolution is anticipated to be completed on or
before December 31, 2005.  In connection with the termination of
trading on behalf of the Partnership, effective September 30,
2005, Demeter terminated the following management agreements with
EMC Capital Management, Inc. and Millburn Ridgefield Corporation
(individually, a ?Trading Advisor,? or collectively, the
?Trading Advisors?), the Trading Advisors of the Partnership,
pursuant to which the Trading Advisors trade the Partnership?s
assets in futures, options, and forward currency markets: (i) the
Management Agreement dated as of December 31, 1991, among the
Partnership, Demeter, and Millburn Ridgefield Corporation and (ii)
the Management Agreement dated as of June 1, 1994, among the
Partnership, Demeter, and EMC Capital Management, Inc.
In accordance with the Limited Partnership Agreement, management
plans to liquidate the Partnership in an orderly manner, and as a
result, changed its basis of accounting from the going concern
basis to the liquidation basis whereby assets and liabilities are
stated at their estimated settlement amounts and all costs of
liquidation have been recognized.  The adoption of the liquidation
basis of accounting did not have a material effect on the carrying
values of assets and liabilities as of September 30, 2005.
<page> DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
(IN LIQUIDATION)
NOTES TO FINANCIAL STATEMENTS (CONTINUED)

The non-clearing commodity broker is Morgan Stanley DW Inc.
(?Morgan Stanley DW?).  The clearing commodity brokers are Morgan
Stanley & Co. Incorporated (?MS & Co.?) and Morgan Stanley & Co.
International Limited (?MSIL?).  Demeter, Morgan Stanley DW, MS &
Co., and MSIL are wholly-owned subsidiaries of Morgan Stanley.  The
Trading Advisors to the Partnership were EMC Capital Management,
Inc. and Millburn Ridgefield Corporation.

2.  Related Party Transactions
The Partnership?s cash is on deposit with Morgan Stanley DW, MS &
Co., and MSIL in futures, forwards, and options trading accounts to
meet margin requirements as needed.  Monthly, Morgan Stanley DW
paid the Partnership interest income equal to 80% of its average
daily Net Assets for the month at a rate equal to the average yield
on 13-week U.S. Treasury bills.  The Partnership paid brokerage
commissions to Morgan Stanley DW.

3.  Financial Instruments
The Partnership traded futures contracts, options on futures
contracts, and forward contracts on physical commodities and other
commodity interests, including, but not limited to, foreign
currencies, financial instruments, metals, energy, and agricultural
products.  Futures and forwards represent contracts
<page> DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
(IN LIQUIDATION)
NOTES TO FINANCIAL STATEMENTS (CONTINUED)

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.

The market value of exchange-traded contracts is based on the
settlement price quoted by the exchange on the day with respect
to which market value is being determined.  If an exchange-traded
contract could not have been liquidated on such day due to the
operation of daily limits or other rules of the exchange, the
settlement price shall be the settlement price on the first
subsequent day on which the contract could be liquidated.  The
market value of off-exchange-traded contracts is based on the
fair market value quoted by the counterparty.

The Partnership?s contracts are accounted for on a trade-date
basis and marked to market on a daily basis.  The Partnership
accounts for its derivative investments in accordance with the
provisions of Statement of Financial Accounting Standards No.
133, ?Accounting for Derivative Instruments and Hedging
Activities? (?SFAS No. 133?).  SFAS No. 133 defines a
derivative
<page> DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
(IN LIQUIDATION)
NOTES TO FINANCIAL STATEMENTS (CONTINUED)

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;
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, forward, swaps or options
contracts, and other financial instruments with similar
characteristics such as caps, floors, and collars.


The net unrealized gains on open contracts, reported as a component
of ?Equity in futures interests trading accounts? on the
Statements of Financial Condition, and their longest contract
maturities were as follows:

	Net Unrealized Gains
	on Open Contracts 	Longest Maturities
	Exchange-	Off-Exchange-		Exchange-	Off-Exchange-
Date	  Traded 	       Traded   	Total	  Traded 	    Traded
	$	       $	$

Sep. 30, 2005	162,135	55,468	217,603	     Dec. 2005     Dec. 2005
Dec. 31, 2004	407,489	44,748	452,237	     Dec. 2005	     Mar. 2005

<page> DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
(IN LIQUIDATION)
NOTES TO FINANCIAL STATEMENTS (CONTINUED)

Note that all open contracts have an offsetting position.

The Partnership has credit risk associated with counterparty non-
performance.  The credit risk associated with the instruments in
which the Partnership trades is limited to the amounts reflected on
the Partnership?s Statements of Financial Condition.

The Partnership also has credit risk because Morgan Stanley DW,
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, forward, and futures-styled options
contracts are marked to market on a daily basis, with variations
in value settled on a daily basis. Morgan Stanley DW, MS & Co.,
and MSIL, each as a futures commission merchant for the
Partnership?s exchange-traded futures, forward, and futures-
styled options contracts, are required, pursuant to 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, forward, and futures-styled options
contracts, including an amount equal to the net unrealized gains
(losses) on all open futures, forward, and futures-styled options
contracts, which funds, in the aggregate, totaled $5,106,957
<page> DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
(IN LIQUIDATION)
NOTES TO FINANCIAL STATEMENTS (CONCLUDED)

and $8,324,436 at September 30, 2005 and December 31, 2004,
respectively. With respect to the Partnership?s off-exchange-
traded forward currency contracts, there are no daily exchange-
required settlements of variation in value, nor is there any
requirement that an amount equal to the net unrealized gains
(losses) on open forward contracts be segregated.  However, the
Partnership is required to meet margin requirements equal to the
net unrealized loss on open contracts in the Partnership accounts
with the counterparty, which is accomplished by daily maintenance
of the cash balance in a custody account held at Morgan Stanley DW
for the benefit of MS & Co. 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 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 Morgan Stanley
DW as non-clearing broker, and MS & Co. and MSIL as clearing
brokers in separate futures, forwards, and options trading accounts
established for each Trading Advisor.  Such  assets are used as
margin to engage in trading and may be used as margin solely for
the Partnership?s 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.  Since the Partnership?s sole purpose was to trade
in futures, forwards, and options, it was 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 daily
limit for several consecutive days with little or no trading.
These market conditions could prevent the Partnership <page> 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, subjecting it to substantial
losses.  Either of these market conditions could have resulted in
restrictions on redemptions.  For the periods covered by this
report, illiquidity has not materially affected the Partnership?s
assets.

There are no known material trends, demands, commitments, events,
or uncertainties at the present time that are reasonably likely to
result in the Partnership?s liquidity increasing or decreasing in
any material way.

Capital Resources.  The Partnership does not have, nor expects to
have, any capital assets.  Final redemptions and exchanges out of
all remaining Partnership units (?Units?) were made in October
2005.

The Partnership will not have any capital resource arrangements
following final distribution of capital to the partners in
accordance with the Limited Partnership Agreement.
<page> Off-Balance Sheet Arrangements and Contractual
Obligations.  The Partnership does not have any off-balance sheet
arrangements, nor does it have contractual obligations or
commercial commitments to make future payments that would affect
its liquidity or capital resources.

Results of Operations
General.  The Partnership?s results depended on the Trading
Advisors and the ability of each Trading Advisor?s trading program
to take advantage of price movements in the futures, forwards, and
options markets.  The following presents a summary of the
Partnership?s operations for the three and nine month periods ended
September 30, 2005 and 2004, 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 the Trading Advisors? trading
activities on behalf of the Partnership during the period in
question. Past performance is no guarantee of future results.

The Partnership?s results of operations set forth in the
financial statements on pages 2 through 12 of this report are
prepared in accordance with accounting principles generally
<page> accepted in the United States of America, which require
the use of certain accounting policies that affect the amounts
reported in these financial statements, including the following:
 The contracts the Partnership trades are accounted for on a
trade-date basis and marked to market on a daily basis.  The
difference between their cost and market value is recorded on the
Statements of Operations as ?Net change in unrealized trading
profit (loss)? for open (unrealized) contracts, and recorded as
?Realized trading profit (loss)? when open positions are closed
out.  The sum of these amounts, along with the ?Proceeds from
Litigation Settlement?, constitute the Partnership?s trading
results.  The market value of a futures contract is the
settlement price on the exchange on which that futures contract
is traded on a particular day.  The value of foreign currency
forward contracts is based on the spot rate as of the close of
business.  Interest income, as well as management fees, incentive
fees, and brokerage commissions expenses of the Partnership are
recorded on an accrual basis.

Demeter believes that, based on the nature of the operations of
the Partnership, no assumptions relating to the application of
critical accounting policies other than those presently used
could reasonably affect reported amounts.

For the Three and Nine Months Ended September 30, 2005
The Partnership recorded total trading results including interest
income totaling $342,275 and expenses totaling $143,719, resulting
<page> in net income of $198,556 for the three months ended
September 30, 2005.  The Partnership?s net asset value per Unit
increased from $1,040.70 at June 30, 2005 to $1,076.17 (liquidation
value) at September 30, 2005.

The most significant trading gains of approximately 7.1% were
recorded in the global stock index futures markets, during July,
August, and September from long positions in Pacific Rim and
European equity index futures. During July, long positions
benefited as prices increased on positive economic data out of
the U.S. and Japan.  Prices continued to strengthen after China
reformed its U.S. dollar currency peg policy, leading market
participants to conclude that a revaluation in the Chinese yuan
would likely ease trade tensions between China, the U.S., Europe,
and Japan.  Finally, strong corporate earnings out of the
European Union and the U.S. resulted in optimistic investor
sentiment and pushed prices higher.  During August and September,
long positions in Japanese stock index futures experienced gains
as prices moved sharply higher on positive comments from Bank of
Japan Governor Toshihiko Fukui, who said the Japanese economy was
in the process of emerging from a soft patch as demonstrated by
rising production, improving business sentiment, and a sustained
upturn in consumer spending.  Additional sector gains in
September resulted from long positions in European stock index
futures as oil prices declined and investors embraced signs that
the global economy could move forward despite Hurricane Katrina's
devastation of the U.S. Gulf Coast.  Within the energy markets,
gains of approximately 5.8% were recorded during July from long
<page> positions in unleaded gasoline and crude oil as prices
surged during the first week of the month on possible oil supply
disruptions from Hurricane Dennis approaching the Gulf of Mexico.
Prices continued to move higher towards the end of the month
after news of several refinery fires in Texas and Louisiana,
declining U.S. inventories, and passage by the U.S. Congress of
President George Bush?s energy bill.  Elsewhere in the energy
markets, gains were recorded during July from long positions in
natural gas futures as prices increased in tandem with crude oil
prices.  Further gains were recorded in August from long
positions in natural gas, crude oil, and refined oil products as
prices climbed higher after Hurricane Katrina struck the U.S.
Gulf Coast, resulting in heavily damaged or destroyed refineries
and production facilities.  In the agricultural markets, gains of
approximately 0.3% were established throughout the quarter from
long futures positions in sugar as prices moved higher on
consistent news of strong demand and worries of significant
damage to the crops of Louisiana and Texas after Hurricanes
Katrina and Rita.  Smaller gains were recorded from short
positions in coffee futures during August and September as prices
trended lower amid news of lower global consumption and strong
supply.  A portion of the Partnership?s overall gains for the
quarter was offset by losses of approximately 8.2% in the global
interest rate futures markets from both long and short positions
in U.S., European, and Australian fixed-income futures as prices
moved without consistent direction amid conflicting economic
data, uncertainty regarding the future interest rate policy of
<page> the U.S. and the European Union, and volatility in energy
prices. Additional losses of approximately 1.6% were recorded
within the currency markets during August from long U.S. dollar
positions against the Swiss franc, euro, and British pound as the
value of the U.S. dollar declined amid higher crude oil prices,
lower durable goods orders reported by the U.S. Commerce
Department, the U.S. trade imbalance, and economic warnings from
U.S. Federal Reserve Chairman Alan Greenspan.  Additional losses
were experienced from short positions in the New Zealand dollar
versus the U.S. dollar as the value of the New Zealand dollar
moved higher towards the first half of the month.  Further losses
in the currency markets were experienced during September from
short positions in the Australian dollar versus the U.S. dollar
as the value of the Australian dollar increased on stronger-than-
expected economic data.  Also in September, the value of the
British pound weakened after news that the British economy
experienced its slowest growth in twelve years during the second
quarter of 2005 and expectations for further interest rate cuts
by the Bank of England, resulting in losses from long positions.
Finally, losses were incurred from long positions in the New
Zealand dollar versus the U.S. dollar as the value of the New
Zealand dollar weakened on fears for an economic slow-down in New
Zealand during 2006.  Smaller losses of approximately 0.7% were
recorded in the metals markets, during July, August, and
September from positions in silver, gold, aluminum, and lead as
prices moved in a choppy manner amid conflicting news regarding
supply and demand and volatility in the U.S. dollar.
<page>
The Partnership recorded total trading results including interest
income totaling $36,371 and expenses totaling $516,697, resulting
in a net loss of $480,326 for the nine months ended September 30,
2005.  The Partnership?s net asset value per Unit decreased from
$1,133.94 at December 31, 2004 to $1,076.17 (liquidation value)
at September 30, 2005.

The most significant trading losses of approximately 5.9% were
recorded in the currency markets, primarily during January, from
short U.S. dollar positions relative to the euro, South African
rand, Swiss franc, and Singapore dollar as the value of the U.S.
dollar reversed sharply higher in what many analysts described as
a ?corrective? move after its decline during the fourth quarter
of 2004.  This increase in the value of the U.S. dollar was
attributed to data released by the U.S. Treasury Department which
showed November's investment inflows to the U.S. were ample to
cover that month?s record trade deficit.  Speculation that the
U.S. interest rates were likely to continue to rise, and fears
that the revaluation of the Chinese yuan was farther away than
expected, also boosted the U.S. dollar.  Further losses in the
currency markets were experienced in March from long positions in
the South African rand, Singapore dollar, and euro relative to
the U.S. dollar as the value of the U.S. dollar reversed sharply
higher leading up to and after the U.S. Federal Reserve's
announcement of a quarter-point increase in the federal funds
rate.    Within the third quarter, losses were recorded in August
<page> from long U.S. dollar positions against the Swiss franc,
euro, and British pound as the value of the U.S. dollar declined
amid higher crude oil prices, lower durable goods orders reported
by the U.S. Commerce Department, the U.S. trade imbalance, and
economic warnings from U.S. Federal Reserve Chairman Alan
Greenspan.  Additional losses were experienced during August from
short positions in the New Zealand dollar versus the U.S. dollar
as the value of the New Zealand dollar moved higher towards the
first half of the month.  Further losses in the currency markets
were experienced during September from short positions in the
Australian dollar versus the U.S. dollar as the value of the
Australian dollar increased on stronger-than-expected economic
data.  Also in September, the value of the British pound weakened
after news that the British economy experienced its slowest
growth in twelve years during the second quarter of 2005 and
expectations for further interest rate cuts by the Bank of
England, resulting in losses from long positions.  Finally,
losses were incurred from long positions in the New Zealand
dollar versus the U.S. dollar as the value of the New Zealand
dollar weakened on fears for an economic slow-down in New Zealand
during 2006.  Within the metals markets, losses of approximately
4.2% were recorded during January, April, May, and June from
positions in gold, silver, zinc, and lead as both precious and
base metals prices moved without consistent direction amid
volatility in the value of the U.S. dollar and conflicting news
regarding demand from China.  Further losses were experienced
throughout the third quarter from positions in these same <page>
markets, as prices moved in a choppy pattern due to the
aforementioned reasons.  Additional losses of approximately 2.3%
were recorded in the global interest rate futures markets during
February, July, August, and September from both long and short
positions in U.S. and Australian fixed-income futures as prices
moved without consistent direction amid conflicting economic
data, uncertainty regarding the future interest rate policy of
the U.S. and the European Union, and volatility in energy prices.
Finally, losses of approximately 1.4% were recorded in the
agricultural markets from positions in corn, cotton, and cocoa as
prices moved in a trendless manner throughout a majority of the
year on supply and demand related concerns.  A portion of these
losses for the first nine months of the year was offset by gains
of approximately 5.1% recorded in the energy markets during
February, May, and June from long futures positions in natural
gas, unleaded gasoline, and heating oil as prices trended higher
amid news of increased demand from China and fears of terror
attacks against production facilities in the Middle East.  Then
in July, gains were recorded from long positions in unleaded
gasoline, gas oil, and natural gas as prices surged during the
first week of the month on possible supply disruptions from
Hurricane Dennis.  Prices continued to move higher towards the
end of the month after news of several refinery fires in Texas
and Louisiana, declining U.S. inventories, and passage by the
U.S. Congress of President Bush?s energy bill.  Finally in
August, further gains were recorded from long positions in
natural gas as prices increased sharply throughout the month on
<page> supply and demand concerns.  After Hurricane Katrina
struck the Gulf of Mexico, prices advanced further to touch
record highs amid concern for heavily damaged or even possibly
destroyed production facilities.  Additional gains of
approximately 3.2% were experienced in the global stock index
futures markets during February from long positions in European
and Japanese equity index futures as equity prices moved higher
early in the month amid the elections in Iraq and lower-than-
expected unemployment data out of the U.S.  Equity prices in
Japan were also pressured higher when positive data painted a
brighter picture of the Far East Region?s economy.  In June,
further gains were recorded from long positions in European
equity index futures as prices rallied on the perception that
weakness in the euro could stimulate the European economy by
making exports more attractive to foreign buyers.  Prices were
also bolstered by strong economic data out of the U.S. and news
of a trade deal between the European Union and China that would
avoid tariffs and manage the growth of Chinese textile imports to
Europe through the end of 2008.  During July, long positions
benefited as prices increased on positive economic data out of
the U.S. and Japan.  Prices continued to strengthen after China
reformed its U.S. dollar currency peg policy.  Strong corporate
earnings out of the European Union and the U.S. also resulted in
optimistic investor sentiment and pushed prices higher.  During
August and September, long positions in Japanese stock index
futures experienced gains as prices moved sharply higher on
positive comments from Bank of Japan Governor Toshihiko Fukui,
<page> who said that the Japanese economy was in the process of
emerging from a soft patch.  Additional sector gains in September
resulted from long positions in European stock index futures as
oil prices declined and investors embraced signs that the global
economy could move forward despite Hurricane Katrina's
devastation of the U.S. Gulf Coast.

For the Three and Nine Months Ended September 30, 2004
The Partnership recorded total trading results including interest
income totaling $(299,390) and expenses totaling $198,759,
resulting in a net loss of $498,149 for the three months ended
September 30, 2004.  The Partnership?s net asset value per Unit
decreased from $1,066.26 at June 30, 2004 to $1,001.41 at
September 30, 2004.


The most significant trading losses of approximately 4.7% were
recorded in the currency markets during July from long positions
in the euro and Japanese yen versus the U.S. dollar as the value
of the U.S. dollar strengthened amid the release of positive
economic data regarding consumer confidence and upbeat testimony
on the U.S. economy by U.S. Federal Reserve Chairman Alan
Greenspan.  Short-term volatility in the euro was responsible for
losses during August as the value of the euro experienced
?whipsawing? due to conflicting economic data and surging
energy prices throughout a majority of the month.  During
September, long positions in the Japanese yen against the U.S.
dollar resulted in further losses as the value of the yen
declined amid <page> surprisingly low second quarter growth in
Japan, weakness in the equity markets, and the repatriation of
funds by Japanese exporters.  Elsewhere in the currency markets,
smaller losses were incurred throughout the quarter from
positions in the Australian dollar relative to the U.S. dollar as
the value of the Australian dollar moved without consistent
direction due to volatility in gold prices, geopolitical concerns
regarding terror warnings in the Pacific Rim, and the decision by
the Reserve Bank of Australia to raise interest rates.
Additional losses of approximately 2.8% were incurred in the
global stock index markets during July from long positions in
Japanese, U.S., and European equity index futures as prices moved
lower early in the month due to the release of disappointing U.S.
employment data, higher energy prices, and geopolitical concerns.
 Further losses were recorded from newly established short
positions in U.S. and European equity index futures towards the
end of July as prices reversed higher due to a better-than-
expected consumer confidence report and strong earnings data.
During September, losses were incurred from long positions in
Japanese and European equity index futures as rising energy
prices, conflicting economic data, and weak corporate earnings
data pulled prices lower.  Smaller losses resulted from short
positions in Nasdaq 100 Index futures in the first half of the
month as prices drifted higher after better-than-expected
earnings.  Within the global interest rate futures markets,
losses of approximately 1.0% were experienced, primarily during
July and September, from long positions in Australian and
European interest rate futures as prices reversed <page> lower
towards the end of July and early September due to the U.S.
Federal Reserve Chairman Alan Greenspan?s upbeat assessment of
the U.S. economy and the release of strong economic data relating
to U.S. consumer confidence, manufacturing, and job growth. A
portion of the Partnership?s overall losses for the quarter was
offset by gains of approximately 1.4% recorded in the energy
markets, primarily during July and September, from long positions
in heating oil, crude oil, and gas oil as prices strengthened due
to continuing fears about potential terrorist attacks against the
production and refining facilities in Saudi Arabia and Iraq,
concerns that top Russian oil producer, Yukos, may break up or
stop selling oil, major disruptions in oil production in the Gulf
of Mexico due to Hurricane Ivan, and growing civil unrest in
Nigeria.  In the metals markets, gains of approximately 0.4% were
generated, primarily during September, from long positions in
silver as precious metals prices moved higher later in the month
on geopolitical concerns.  Elsewhere in the metals markets, gains
were recorded from long positions in copper futures as prices
moved higher on continued demand from China and lower-than-
expected inventories.  Smaller gains of approximately 0.3% were
recorded in the agricultural markets, primarily during July and
September, from short futures positions in corn as prices trended
lower due to ideal weather conditions in the U.S. Midwest growing
regions, reports of increased inventories by the U.S. Department
of Agriculture, and weak export demand.
<page> The Partnership recorded total trading results including
interest income totaling $(1,519,739) and expenses totaling
$797,384, resulting in a net loss of $2,317,123 for the nine
months ended September 30, 2004. The Partnership?s net asset
value per Unit decreased from $1,297.32 at December 31, 2003 to
$1,001.41 at September 30, 2004.

The most significant trading losses of approximately 11.3% were
experienced in the currency markets from positions in the
Japanese yen versus the U.S. dollar.  These losses were
experienced throughout the year from both long and short
positions in the yen relative to the U.S. dollar and the euro as
the value of the yen experienced significant price volatility due
to conflicting economic data regarding a Japanese economic
recovery, uncertainty regarding currency market intervention by
the Bank of Japan, geopolitical concerns stemming from terror
warnings and instability in Iraq, and speculation regarding the
direction of U.S. and Japanese interest rates.  Losses were also
recorded from positions in the Singapore dollar against the U.S.
dollar, primarily during the first and second quarters, as the
value of the Singapore dollar experienced significant
?whipsawing? in tandem with the Japanese yen.  Elsewhere in the
currency markets, losses were experienced in the Korean won and
the Mexican peso against the U.S. dollar as the value of these
currencies also moved without consistent direction throughout the
first and second quarters.  Smaller losses were recorded from
positions in the euro and Czech koruna versus the U.S. dollar,
<page> primarily during the first quarter, as well as in July and
August, as the value of these currencies also moved in a
trendless pattern due to conflicting economic data and volatility
in oil prices.  Within the global stock index markets, losses of
approximately 9.2% were incurred throughout the year from
positions in European, U.S., and Pacific Rim equity index futures
as prices moved erratically due to the aforementioned reasons
regarding conflicting economic data and volatility in oil prices,
as well as, continuing difficulties in Iraq, fears of global
terrorism, and uncertainty regarding the direction of global
interest rates.  Additional losses of approximately 7.1% were
experienced in the global interest rate markets, from positions
in Australian and European interest rate futures as prices moved
without consistent direction amid uncertainty regarding interest
rate policy, conflicting economic data, and significant
geopolitical uncertainties that affected the currency and global
equity markets.  A portion of the Partnership?s overall losses
for the first nine months of the year was offset by gains of
approximately 2.4% in the energy markets.  During February,
April, May, July, and September, long positions in unleaded
gasoline and crude oil futures profited as prices trended higher
due to consistent news of tight supply, continuing geopolitical
concerns in the Middle East, concerns that top Russian oil
producer, Yukos, may break up or stop selling oil, major
disruptions in oil production in the Gulf of Mexico due to
Hurricane Ivan, and growing civil unrest in Nigeria.  Additional
gains of approximately 1.8% were generated in the agricultural
<page> markets during the first quarter from long futures
positions in soybean and its related products as growing U.S.
exports and heightened demand from Asia pushed prices higher.
Elsewhere in the agricultural complex, gains were recorded from
short positions in cotton futures, primarily during March, April,
June, and July, as prices trended lower amid rising supplies and
news of a consistent decline in demand from China.
<page> Item 3.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET
RISK
Introduction


The Partnership is a commodity pool that was engaged primarily in
the speculative trading of futures, forwards, and options.  The
market-sensitive instruments held by the Partnership were acquired
for speculative trading purposes only and, as a result, all or
substantially all of the Partnership?s assets were at risk of
trading loss.  Unlike an operating company, the risk of market-
sensitive instruments was inherent to the primary business activity
of the Partnership.

The futures, forwards, and options traded by the Partnership
involved varying degrees of related 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, factors that result in frequent
changes in the fair value of the Partnership?s open positions,
and consequently in its earnings, whether realized or unrealized,
and cash flow.  Gains and losses on open positions of exchange-
traded futures, forwards, and options are settled daily through
variation margin.  Gains and losses on off-exchange-traded
forward currency contracts are settled upon termination of the
contract, however, the Partnership is required to meet margin
requirements equal to the net unrealized loss on open contracts
in the Partnership accounts with the counterparty, which is
accomplished by daily maintenance of the cash balance in a <page>
custody account held at Morgan Stanley DW for the benefit of MS &
Co.

The Partnership?s total market risk may increase or decrease as
it was influenced by a wide variety of factors, including, but
not limited to, the diversification among the Partnership?s open
positions, the volatility present within the markets, and the
liquidity of the markets.

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.

Limited partners will not be liable for losses exceeding the
final net asset value of their investment.

Quantifying the Partnership?s Trading Value at Risk
The following quantitative disclosures regarding the Partnership?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 <page>
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 accounted for open positions on the basis of mark
to market accounting principles.  Any losses in the market value of
the Partnership?s open positions were directly reflected in the
Partnership?s earnings and cash flow.

The Partnership?s risk exposure in the market sectors traded by
the Trading Advisors is estimated below in terms of VaR. The
Partnership estimates VaR using a model based upon historical
simulation (with a confidence level of 99%) which involves
constructing a distribution of hypothetical daily changes in the
value of a trading portfolio.  The VaR model takes into account
linear exposures to risks including 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 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, or one day in 100.  VaR
typically does not represent the worst case outcome.  Demeter
uses approximately four years of daily market data (1,000
observations) and revalues its portfolio (using delta-gamma
<page> approximations) for each of the historical market moves
that occurred over this time period.  This generates a
probability distribution of daily ?simulated profit and loss?
outcomes.  The VaR is the appropriate percentile of this
distribution.  For example, the 99% one-day VaR would represent
the 10th worst outcome from Demeter?s simulated profit and loss
series.

The Partnership?s VaR computations were based on the risk
representation of the underlying benchmark for each instrument or
contract and do not distinguish between exchange and non-exchange
dealer-based instruments.  They are also not based on exchange
and/or dealer-based maintenance margin requirements.

VaR models, including the Partnership?s, are continually 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.
Please further note that VaR as described above may not be
comparable to similarly titled measures used by other entities.

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 at September 30, 2005 and 2004.
<page> The Partnership?s VaR at September 30, 2005 was zero for
all market categories because its open positions have been
offset.   At September 30, 2005 and 2004, the Partnership?s total
capitalization was approximately $5 and $8 million, respectively.

Primary Market	September 30, 2005	September 30, 2004
Risk Category	Value at Risk	Value at Risk

Equity	                             -                  (1.23)%
Interest Rate                      -                  (1.86)
Currency	                           -                  (1.05)
Commodity                        	  -                  (0.94)
Aggregate Value at Risk   	         -                  (3.00)%


The VaR for a market category represents the one-day downside
risk for the aggregate exposures associated with this market
category.  The Aggregate Value at Risk listed above represents
the VaR of the Partnership?s open positions across all of the
market categories, and is less than the sum of the VaRs for all
such market categories due to the diversification benefit across
asset classes.

Because the business of the Partnership was the speculative
trading of futures, forwards, and options, the composition of its
trading portfolio could have changed significantly over any given
time period, or even within a single trading day, which could
positively or negatively materially impact market risk as
measured by VaR.

<page> The table below supplements the quarter-end VaR set forth
above by presenting the Partnership?s high, low, and average VaR,
as a percentage of total Net Assets for the four quarter-end
reporting periods from October 1, 2004 through September 30,
2005.


Primary Market Risk Category       High       Low      Average
Equity	(3.01)%	      -	(1.54)%
Interest Rate	(2.08)	       -	(1.12)
Currency	(1.38)	       -	(0.86)
Commodity	(1.08)	       -	(0.62)
Aggregate Value at Risk	           (3.08)%	      -	(2.08)%

Limitations on Value at Risk as an Assessment of Market Risk
VaR models permit estimation of a portfolio?s aggregate market
risk exposure, incorporating a range of varied market risks;
reflect risk reduction due to portfolio diversification or
hedging activities; and can cover a wide range of portfolio
assets.  However, VaR risk measures should be viewed in light of
the methodology?s limitations, which include, but may not be
limited to 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 caused by market movements may differ
from those of the VaR model;

<page>
*	VaR results reflect past market fluctuations applied to current
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.

In addition, the VaR tables above, as well as the past performance
of the Partnership, gave no indication of the Partnership?s
potential ?risk of ruin?.

The VaR tables provided 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, 2005, and for the four quarter-end
reporting periods from October 1, 2004 through September 30, 2005.
 VaR is not necessarily representative of the Partnership?s
historic risk, nor should it be used to predict the Partnership?s
future financial performance or its ability to manage or monitor
risk.  There could have been no assurance that the Partnership?s
actual losses on a particular day would not exceed the VaR amounts
indicated above or that such losses would not have occurred more
than once in 100 trading days.

<page>
Non-Trading Risk
The Partnership has non-trading market risk on its foreign cash
balances.  These balances and any market risk they may represent
are immaterial.

The Partnership also maintains a substantial portion of its
available assets in cash at Morgan Stanley DW; as of September
30, 2005, such amount is equal to approximately 96% of the
Partnership?s net asset value.  A decline in short-term interest
rates would result in a decline in the Partnership?s cash
management income. This cash flow risk is not considered to be
material.

Materiality, as used throughout this section, is based on an
assessment of reasonably possible market movements and any
associated potential losses, taking into account the leverage,
optionality and multiplier features of the Partnership?s market-
sensitive instruments, in relation to the Partnership?s Net
Assets.

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
Section 27A of <page> 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
expropriations, 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.

At September 30, 2005, there was no trading risk exposures to the
Partnership.

Qualitative Disclosures Regarding Non-Trading Risk Exposure
The following was the only non-trading risk exposure of the
Partnership at September 30, 2005:

Foreign Currency Balances. The Partnership?s primary foreign
currency balances at September 30, 2005 were in euros, Hong
Kong dollars, Japanese yen, British pounds, South African
rand, and Australian dollars.  The Partnership controls the
<page> non-trading risk of foreign currency balances by
regularly converting them back into U.S. dollars upon
liquidation of their respective positions.

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 attempted to manage market exposure by diversifying the
Partnership?s assets among different Trading Advisors in a multi-
advisor Partnership, each of whose strategies focus on different
market sectors and trading approaches, and by monitoring the
performance of the Trading 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.

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>
Item 4.  CONTROLS AND PROCEDURES

  (a)	As of the end of the period covered by this quarterly
report, the President and Chief Financial Officer of
Demeter, the general partner of the Partnership, have
evaluated the effectiveness of the Partnership?s
disclosure controls and procedures (as defined in Rules
13a?15(e) and 15d?15(e) of the Exchange Act), and have
judged such controls and procedures to be effective.

  (b)	There have been no material changes during the period
covered by this quarterly report in the Partnership?s
internal control over financial reporting (as defined in
Rules 13a-15(f) and 15d-15(f) of the Exchange Act) or in
other factors that could significantly affect these
controls subsequent to the date of their evaluation.
<page> PART II.  OTHER INFORMATION

Item 5.  OTHER INFORMATION
Effective September 30, 2005, Demeter terminated all trading on
behalf of the Partnership.  In connection with the termination of
trading on behalf of the Partnership, effective September 30,
2005, Demeter terminated the following management agreements with
the Trading Advisors of the Partnership, pursuant to which the
Trading Advisors trade the Partnership?s assets in futures,
options, and forward currency markets: (i) the Management
Agreement dated as of December 31, 1991, among the Partnership,
Demeter, and Millburn Ridgefield Corporation and (ii) the
Management Agreement dated as of June 1, 1994, among the
Partnership, Demeter, and EMC Capital Management, Inc.
(collectively, the ?Management Agreements?).  There are no
penalties that have been incurred by any of the parties as a result
of the termination of the Management Agreements.

In connection with the termination of trading on behalf of the
Partnership, Demeter will commence dissolution of the Partnership
pursuant to the Partnership?s Limited Partnership Agreement dated
as of November 7, 1991.











<page> Subsequent Event

In November 2005, the Partnership received an additional settlement
award payment from the Sumitomo Copper Litigation Settlement
Administrator in the amount of $5,694.  Any amounts received are
accounted for in the period received for the benefit of the limited
partners at the date of the receipt.  The Partnership expects to
distribute this award payment to the limited partners in December
2005.


Item 6.  EXHIBITS

31.01	Certification of President of Demeter Management
Corporation, the general partner of the Partnership
pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.02	Certification of Chief Financial Officer of Demeter
Management Corporation, the general partner of the
Partnership pursuant to Section 302 of the Sarbanes-Oxley
Act of 2002.
32.01	Certification of President of Demeter Management
Corporation, the general partner of the Partnership,
pursuant to 18 U.S.C. Section 1350, as adopted pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002.
32.02	Certification of Chief Financial Officer of Demeter
Management Corporation, the general partner of the
Partnership, pursuant to 18 U.S.C. Section 1350, as
adopted pursuant to Section 906 of the Sarbanes-Oxley Act
of 2002.






<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, 2005     By:/s/Kevin Perry
                            Kevin Perry
                            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.


























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

? 10 ?