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, 1999 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, 1999
<CAPTION>

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

     Statements of Financial Condition September 30, 1999
     (Unaudited) and December 31, 1998.....................2

     Statements of Operations for the Quarters Ended
     September 30, 1999 and 1998 (Unaudited)...............3

     Statements of Operations for the Nine Months Ended
     September 30, 1999 and 1998 (Unaudited)...............4

     Statements of Changes in Partners' Capital for the
        Nine Months Ended September 30, 1999 and 1998
     (Unaudited)...........................................5

     Statements of Cash Flows for the Nine Months Ended
     September 30, 1999 and 1998 (Unaudited)...............6

        Notes to Financial Statements (Unaudited)..........7-11

Item 2. Management's Discussion and Analysis of

Financial Condition and Results of Operations..12-21

Item 3. Quantitative and Qualitative Disclosures about
        Market Risk .................................. 21-33

Part II. OTHER INFORMATION

Item 1. Legal Proceedings................................ 34

Item 6. Exhibits and Reports on Form 8-K..................34






</TABLE>







<PAGE>
<TABLE>

                 PART I.  FINANCIAL INFORMATION

Item 1.  Financial Statements

         DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
               STATEMENTS OF FINANCIAL CONDITION
<CAPTION>
                                    Sepember 30,   December 31,
                                        1999           1998
                                         $              $
                                    (Unaudited)

ASSETS
<S>                                  <C>             <C>
Equity in futures interests trading accounts:
 Cash                               16,042,353     17,208,838
 Net unrealized gain on open contracts   1,171,816    1,810,981

      Total Trading Equity          17,214,169     19,019,819

Due from DWR                            90,069        111,358
Interest receivable (DWR)              54,375           54,454

      Total Assets                  17,358,613     19,185,631


LIABILITIES AND PARTNERS' CAPITAL

Liabilities

Redemptions payable                    131,061        138,458
Accrued management fee                  43,304         47,934
Accrued administrative expenses         36,874        11,996

      Total Liabilities                211,239        198,388

Partners' Capital

 Limited Partners (15,737.600 and
        17,430.131 Units, respectively) 16,915,251 18,754,867
 General Partner (215.962 Units)       232,123        232,376

 Total Partners' Capital            17,147,374     18,987,243

  Total  Liabilities and Partners' Capital    17,358,613    19,18
5,631


NET ASSET VALUE PER UNIT             1,074.83        1,076.00

<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,

                                       1999           1998
                                        $            $
REVENUES
<S>                          <C>             <C>
 Trading profit (loss):
    Realized                       (282,501)  1,606,810
    Net change in unrealized       (306,012)   2,637,121

      Total Trading Results        (588,513)  4,243,931

 Interest Income (DWR)             167,125          180,333

      Total Revenues               (421,388)    4,424,264

EXPENSES

 Brokerage commissions (DWR)       304,523      339,839
    Management   fee                      132,068         148,693
Transaction fees and costs          37,997       42,777
 Administrative expenses            10,978           12,360
 Incentive fees                      (4,244)             -

    Total Expenses                 481,322         543,669

NET INCOME (LOSS)                  (902,710)    3,880,595


NET INCOME (LOSS) ALLOCATION

 Limited Partners                 (890,828) 3,739,471
        General        Partner                           (11,882)
141,124
NET INCOME (LOSS) PER UNIT

                         Limited                         Partners
(55.02)                                     197.11
                          General                         Partner
(55.02)                                  197.11

<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,

                                       1999           1998
                                        $            $
REVENUES
<S>                        <C>               <C>
 Trading profit (loss):
    Realized                     1,674,149     1,485,333
    Net change in unrealized       (639,165)     2,028,411

      Total Trading Results      1,034,984      3,513,744

 Interest Income (DWR)             485,937        575,903

      Total Revenues             1,520,921       4,089,647

EXPENSES

 Brokerage commissions (DWR)       941,692      992,891
 Management fee                    412,962      445,471
 Transaction fees and costs        120,081      160,535
 Administrative expenses            34,328       37,030
 Incentive fees                     13,757              -

    Total Expenses               1,522,820     1,635,927

NET INCOME (LOSS)                   (1,899)    2,453,720


NET INCOME (LOSS) ALLOCATION

                         Limited                         Partners
(1,646)                                                 2,360,726
General                                                   Partner
(253)                        92,994
NET INCOME (LOSS) PER UNIT

                         Limited                         Partners
(1.17)                                   129.89
                           General                        Partner
(1.17)                         129.89
<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, 1999 and 1998
                           (Unaudited)


<CAPTION>


                          Units of
                        Partnership Limited   General
                          Interest   Partners Partner    Total


<S>           <C>                          <C>                   <C>
<C>
Partners' Capital,
 December 31, 1997   21,679.155            $20,276,293           $692,502
$20,968,795

Net Income            -                    2,360,726             92,994
2,453,720

Redemptions           (2,801.111)           (2,162,520)             (548,560)
(2,711,080)

Partners' Capital,
 September 30, 1998      18,878.044        $20,474,499           $236,936
$20,711,435




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




<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,

                                       1999            1998
                                        $            $
CASH FLOWS FROM OPERATING ACTIVITIES
<S>                              <C>                     <C>
Net   income  (loss)                     (1,899)                2
,453,720
Noncash item included in net income (loss):
      Net  change  in  unrealized        639,165                (
2,028,411)

Decrease in operating assets:
    Due from DWR                    21,289               163,110
    Interest receivable (DWR)           79               12,280
    Net option premiums                -                 53,391

Increase (decrease) in operating liabilities:
    Accrued management fee          (4,630)              692
         Accrued      administrative     expenses          24,878
27,694

Net    cash   provided   by   operating   activities      678,882
682,476


CASH FLOWS FROM FINANCING ACTIVITIES

Increase (decrease) in redemptions payable(7,397)        533,500
Redemptions         of        units                   (1,837,970)
(2,711,080)

Net    cash    used   for   financing   activities    (1,845,367)
(2,177,580)

Net      decrease      in      cash                   (1,166,485)
(1,495,104)

Balance      at      beginning     of     period       17,208,838
19,685,194

Balance      at      end     of     period             16,042,353
18,190,090

<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  financial statements 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,  1998  Annual

Report on Form 10-K.


1. Organization

Dean  Witter  Global  Perspective Portfolio  L.P.  is  a  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")  and  an

unaffiliated   clearing  commodity  broker,  Carr  Futures   Inc.

("Carr"), provides clearing and execution services.  Both Demeter

and  DWR  are  wholly-owned subsidiaries of Morgan  Stanley  Dean

Witter  & Co. ("MSDW").  The trading advisors for the Partnership

are  ELM  Financial,  Inc.,  EMC  Capital  Management,  Inc.  and

Millburn Ridgefield Corporation (the "Trading Advisors").



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


2.  Related Party Transactions

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



In  June  1998, the Financial Accounting Standards  Board  issued

Statement  of  Financial Accounting Standard  ("SFAS")  No.  133,

"Accounting for Derivative Instruments and Hedging Activities"









<PAGE>

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


effective  for fiscal years beginning after June 15,  1999.   The

Partnership  elected  to adopt the provisions  of  SFAS  No.  133

beginning  with  the  fiscal year that ended December  31,  1998.

SFAS  No. 133 supersedes SFAS No. 119 and No. 105, which required

the   disclosure   of   average   aggregate   fair   values   and

contract/notional  values, respectively, of derivative  financial

instruments for an entity which carries its assets at fair value.

The  application  of  SFAS No. 133 does not  have  a  significant

effect on the Partnership's financial statements.



The  net  unrealized  gain on open contracts  is  reported  as  a

component  of  "Equity in futures interests trading accounts"  on

the  Statements of Financial Condition and totaled $1,171,816 and

$1,810,981  at  September  30,  1999  and  December   31,   1998,

respectively.



Of  the  $1,171,816  net unrealized gain  on  open  contracts  at

September 30, 1999, $1,387,226 related to exchange-traded futures

contracts  and $(215,410) related to off-exchange-traded  forward

currency contracts.



Of  the  $1,810,981  net unrealized gain  on  open  contracts  at

December 31, 1998, $2,079,747 related to exchange-traded  futures

contracts  and $(268,766) related to off-exchange-traded  forward

currency contracts.

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


Exchange-traded  futures contracts held  by  the  Partnership  at

September 30, 1999 and December 31, 1998 mature through June 2000

and  September  1999,  respectively. Off-exchange-traded  forward

currency contracts held by the Partnership at September 30,  1999

and  December  31, 1998 mature through December  1999  and  March

1999, respectively.



The  Partnership  is subject to the 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.  DWR and Carr 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  and

Carr,   as  a  futures  commission  merchant  for  all   of   the

Partnership's exchange-traded futures 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

and  futures-styled options contracts, including an amount  equal

to the net unrealized gain on all open futures and futures-styled

options contracts,





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


which   funds,   in   the  aggregate,  totaled  $17,429,579   and

$19,288,585  at  September  30,  1999  and  December  31,   1998,

respectively.



With  respect  to  the Partnership's off-exchange-traded  forward

currency  contracts, there are no daily settlements of variations

in value nor is there any requirement that an amount equal to the

net  unrealized  gain  on open forward contracts  be  segregated.

With   respect  to  those  off-exchange-traded  forward  currency

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

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

parent,   Credit  Agricole  Indosuez,  has  guaranteed   to   the

Partnership  payment  of  the  net  liquidating  value   of   the

transactions  in  the Partnership's account with Carr  (including

foreign currency contracts).

























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

Liquidity -  Assets of the Partnership are deposited with DWR  as

non-clearing  broker  and  Carr as clearing  broker  in  separate

futures interest trading accounts. Such assets are held in either

non-interest bearing bank accounts or in securities  approved  by

the  CFTC  for  investment of customer funds.  The  Partnership's

assets held by DWR and Carr may be used as margin solely for  the

Partnership's trading.  Since the Partnership's sole  purpose  is

to   trade  in  futures  interests,  it  is  expected  that   the

Partnership  will continue to own such liquid assets  for  margin

purposes.



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

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

fluctuations in certain futures interest prices during  a  single

day  by  regulations  referred to as  "daily  price  fluctuations

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

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

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

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

positions  in  such  futures interest can neither  be  taken  nor

liquidated  unless  traders are willing to effect  trades  at  or

within  the  limit.   Futures interests prices have  occasionally

moved the daily limit for several consecutive days with little or

no trading.  Such market conditions could prevent the Partnership

from  promptly  liquidating its futures interests and  result  in

restrictions on redemptions.





<PAGE>

There  is  no limitation on daily price moves in trading  forward

contracts  on  foreign  currency.  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  from  promptly  liquidating  unfavorable  positions,

subjecting  it  to substantial losses.  Either  of  these  market

conditions could result in restrictions on redemptions.



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

expect to have, any capital assets.  Future redemptions of  Units

of  Limited Partnership Interest ("Units") will affect the amount

of  funds  available  for  investment  in  futures  interests  in

subsequent periods.  Since they are at the discretion of  Limited

Partners,  it  is  not  possible  to  estimate  the  amount   and

therefore, the impact of future redemptions of Units.



Results of Operations

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  were  experienced in  the  currency  markets

during  July from short positions in the European common currency

and the Swiss franc as the value of these currencies strengthened

versus  the  U.S.  dollar  due  to a better-than-expected  German

business  sentiment  survey  and a record  U.S.  traded  deficit.

Additional currency losses were experienced during September from

long  euro  and  Swiss  franc positions as  the  value  of  these

currencies

<PAGE>

declined sharply versus the U.S. dollar on September 10 after  an

intervention  by  the Bank of Japan temporarily strengthened  the

U.S.  dollar.  Additional losses were experienced in  the  global

stock  index  futures markets 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 were recorded in the agricultural markets

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

recorded  in the metals markets 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  were

recorded in the energy markets during September from long futures

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   were

experienced  in  the soft commodities markets  during  July  from

short  coffee  futures  positions as  prices  fell  as  fears  of

impending frost damage to



<PAGE>

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 were recorded in

the  global  stock index futures markets 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.   Additional losses were recorded in  the  agricultural

markets 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 were experienced in the soft commodities markets 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 in Brazil and ample warehouse supplies.  A portion of



<PAGE>

the Partnership's overall losses was offset by gains recorded  in

the  energy markets 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 were experienced  in  the

global  interest  rate futures markets 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 European common  currency,  a

decline  in  U.S.  Treasury  bond prices  and  bearish  sentiment

pertaining to the overall health of the European economy.  In the

metals  markets,  gains  were recorded 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.





<PAGE>

For the Quarter and Nine Months Ended September 30, 1998

For  the  quarter  ended  September  30,  1998,  the  Partnership

recorded  total  trading revenues including  interest  income  of

$4,424,264  and posted an increase in Net Asset Value  per  Unit.

The Partnership recorded gains primarily in the financial futures

markets  from  long global interest rate futures positions.   The

most  significant of these gains were recorded during August  and

September  from  long  U.S.,  German and  Japanese  bond  futures

positions  as  prices  moved significantly  higher  as  investors

sought  the perceived safety of fixed income investments in  lieu

of the volatility plaguing most global financial markets.  In the

agricultural markets, additional gains were recorded during  July

and  August  from  short corn futures positions as  prices  moved

lower on near perfect growing conditions and disappointing export

demand.   Smaller gains were recorded in the energy markets  from

short  positions in crude oil futures during July and  August  as

oil  prices  declined  on speculation regarding  OPEC's  proposed

production  cuts.  A portion of the Partnership's  overall  gains

for  the  quarter  was offset by losses recorded  in  the  metals

markets  from long copper and aluminum futures positions as  base

metal  prices  moved in a choppy pattern throughout  the  quarter

amid  uncertain  demand from Asia.  In soft  commodities,  losses

were  recorded from trading coffee futures during the quarter  as

prices  in this market moved in a trendless manner.  Losses  were

also  experienced in this market complex from long cotton futures

as prices moved lower during July and August. Smaller losses were

recorded in the currency markets from transactions involving  the

Japanese  yen  as the value of the yen moved in a choppy  pattern

versus most world currencies during

<PAGE>

August and September.  Total expenses for the three months  ended

September  30,  1998 were $543,669, resulting in  net  income  of

$3,880,595.   The value of a Unit increased from 900.01  at  June

30, 1998 to $1,097.12 at September 30, 1998.



For  the  nine  months ended September 30, 1998, the  Partnership

recorded  total  trading revenues including  interest  income  of

$4,089,647  and posted an increase in Net Asset Value  per  Unit.

The  most  significant gains were recorded from long global  bond

futures  positions  as German, Japanese and  U.S.  interest  rate

futures  prices  moved higher during August and  September  after

experiencing trendless price movements during a majority  of  the

first  half  of  the year.  This trend higher in global  interest

rate  futures prices was a direct result of increased  volatility

in the global financial markets which caused a flight of investor

capital  to  the  perceived safety of government  debt.   Smaller

gains were recorded in this market complex from long German stock

index  futures positions.  A portion of the Partnership's overall

gains  was  offset by losses experienced in the currency  markets

from transactions involving the British pound as the value of the

pound versus the U.S. dollar moved in a choppy pattern during the

first  three  quarters.  Smaller currency losses were experienced

during  the  first half of the year from trading the Swiss  franc

and  German mark.  Additional Partnership losses recorded in soft

commodities during July and August from long positions in  cotton

futures  more than offset profits recorded during the first  half

of the year from short sugar futures positions.  In the metals



<PAGE>

markets, losses were recorded from transactions involving  copper

futures   positions  as  prices  moved  in  a  trendless   manner

throughout the first nine months of the year.  Total expenses for

the  nine  months  ended  September  30,  1998  were  $1,635,927,

resulting  in  net income of $2,453,720.  The  value  of  a  Unit

increased  from  967.23  at December 31,  1997  to  $1,097.12  at

September 30, 1998.



Year  2000 Problem.  Commodity pools, like financial and business

organizations  and individuals around the world,  depend  on  the

smooth functioning of computer systems.  Many computer systems in

use  today cannot recognize the computer code for the year  2000,

but revert to 1900 or some other date.  This is commonly known as

the  "Year  2000  Problem". The Partnership  could  be  adversely

affected  if computer systems used by it or any third party  with

whom  it has a material relationship do not properly process  and

calculate date-related information and data concerning  dates  on

or  after January 1, 2000.  Such a failure could adversely affect

the  handling or determination of futures trades and  prices  and

other services.



MSDW  began its planning for the Year 2000 Problem in  1995,  and

currently  has several hundred employees working on  the  matter.

It  has developed its own Year 2000 compliance plan to deal  with

the  problem and had the plan approved by the company's executive

management,   Board  of  Directors  and  Information   Technology

Department. Demeter is coordinating with MSDW to address the Year



<PAGE>

2000  Problem  with  respect to Demeter's computer  systems  that

affect  the  Partnership.  This includes  hardware  and  software

upgrades, systems consulting and computer maintenance.



Beyond  the  challenge  facing  internal  computer  systems,  the

systems  failure  of  any  of the third  parties  with  whom  the

Partnership  has a material relationship - the futures  exchanges

and  clearing organizations through which it trades, Carr, or the

Trading  Advisors - could result in a material financial risk  to

the  Partnership.  All  U.S. futures  exchanges  are  subject  to

monitoring  by the CFTC of their Year 2000 preparedness  and  the

major  foreign futures exchanges are also expected to be  subject

to market-wide testing of their Year 2000 compliance during 1999.

Demeter  intends to monitor the progress of Carr and the  Trading

Advisors throughout 1999 in their Year 2000 compliance and, where

applicable,  to  test its external interface with  Carr  and  the

Trading Advisors.



A  worst case scenario would be one in which trading of contracts

on  behalf  of the Partnership becomes impossible as a result  of

the  Year 2000 problem encountered by any third parties.  A  less

catastrophic  but  more likely scenario would  be  one  in  which

trading  opportunities diminish as a result of technical problems

resulting  in  illiquidity  and  fewer  opportunities   to   make

profitable trades. MSDW has begun developing various "contingency

plans" in the event that the systems of such third parties  fail.

Demeter intends to consult closely with MSDW in implementing



<PAGE>

those  plans.  Despite the best efforts of both Demeter and MSDW,

however,  it is possible that these steps will not be  sufficient

to avoid any adverse impact to the Partnership.



Risks  Associated  With  the Euro.  On January  1,  1999,  eleven

countries  in  the  European Union established  fixed  conversion

rates on their existing sovereign currencies and converted  to  a

common   single  currency  (the  "euro").   During  a  three-year

transition  period,  the sovereign currencies  will  continue  to

exist  but  only as a fixed denomination of the euro.  Conversion

to the euro prevents the Trading Advisors from trading in certain

currencies and thereby limits their ability to take advantage  of

potential market opportunities that might otherwise have  existed

had  separate  currencies been available  to  trade.  This  could

adversely affect the performance results of the Partnership.


Item  3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES  ABOUT  MARKET
RISK

Introduction


The  Partnership  is a commodity pool engaged  primarily  in  the

speculative  trading of futures interests.  The market  sensitive

instruments  held  by  the Partnership are  acquired  solely  for

speculative   trading  purposes  and,  as  a   result,   all   or

substantially all of the Partnership's assets are subject to  the

risk  of trading loss.  Unlike an operating company, the risk  of

market sensitive instruments is integral, not incidental, to  the

Partnership's primary business activities.



<PAGE>

The  futures interests traded by the Partnership involve  varying

degrees  of  related  market risk.  Such  market  risk  is  often

dependent  upon  changes in the level or volatility  of  interest

rates,   exchange  rates,  and/or  market  values  of   financial

instruments and commodities.  Fluctuations in related market risk

based  upon the aforementioned 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 effects  among

the Partnership's existing open positions, the volatility present

within  the  market(s), and the liquidity of the  market(s).   At

varying  times,  each of these factors may act to  exacerbate  or

mute the market risk associated with the Partnership.



The  Partnership's past performance is not necessarily indicative

of   its   future   results.  Any  attempt  at  quantifying   the

Partnership's  market  risk  must be qualified  by  the  inherent

uncertainty  of its speculative trading, which may  cause  future

losses and volatility (i.e. "risk of ruin") far in excess of  the

Partnership's   experience   to  date   and/or   any   reasonable

expectation premised upon historical changes in the fair value of

its market sensitive instruments.


Quantifying the Partnership's Trading Value at Risk

The    following    quantitative   disclosures   regarding    the

Partnership's  market  risk  exposures  contain  "forward-looking

statements" within

<PAGE>

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 on the basis of mark-

to-market accounting principles.  As such, any loss in  the  fair

value  of  the Partnership's open positions is directly reflected

in

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

the  Partnership's  cash  flow, as profits  and  losses  on  open

positions of exchange-traded futures interests are settled  daily

through variation margin.



The  Partnership's  risk exposure in the various  market  sectors

traded  by  the Trading Advisors is estimated below in  terms  of

Value  at Risk ("VaR"). The VaR model employed by the Partnership

incorporates numerous variables that could impact the fair  value

of   the   Partnership's  trading  portfolio.   The   Partnership

estimates VaR using a model based on historical simulation with a

confidence   level   of  99%.   Historical  simulation   involves

constructing  a  distribution of hypothetical  daily  changes  in

trading  portfolio  value.  The VaR model  generally  takes  into

account linear exposures to price and interest rate risk.  Market

risks that are incorporated in the VaR model include equity and

<PAGE>

commodity prices, interest rates, foreign exchange rates, as well

as   correlation   that  exists  among  these   variables.    The

hypothetical  changes  in  portfolio value  are  based  on  daily

observed percentage changes in key market indices or other market

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

sensitive.   In the case of the Partnership's VaR, the historical

observation period is approximately four years. The Partnership's

one-day  99% VaR corresponds to the negative change in  portfolio

value  that,  based on observed market risk factor  moves,  would

have been exceeded once in 100 trading days.



VaR models such as the Partnership's are continually evolving  as

trading  portfolios  become more diverse and modeling  techniques

and systems capabilities improve.  It must also be noted that the

VaR  model is used to 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 market category as of September 30, 1999.  As of September 30,

1999,  the  Partnership's total capitalization was  approximately

$17 million.







<PAGE>

     Primary Market           September 30, 1999
     Risk Category              Value at Risk

     Currency                       (1.76)%

     Interest Rate                  (1.27)

     Equity                         (0.62)

      Commodity                          (1.24)

      Aggregate Value at Risk       (2.32)%


Aggregate  value  at  risk represents the aggregate  VaR  of  the

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

individual 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, 1999 only and  is  not  necessarily

representative  of  either the historic  or  future  risk  of  an

investment  in  the  Partnership.   As  the  Partnership's   sole

business   is  the  speculative  trading  of  primarily   futures

interests, the composition of its portfolio of open positions can

change significantly over any given time period or even within  a

single  trading  day.   Such  changes  in  open  positions  could

materially   impact  market  risk  as  measured  by  VaR   either

positively or negatively.



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, 1998 through September 30, 1999.

<PAGE>

Primary Market Risk Category        High      Low      Average

Currency                           (2.06)%   (0.99)%    (1.66)%

Interest Rate                      (2.35)    (0.91)     (1.53)

Equity                             (1.09)    (0.62)     (0.83)

Commodity                          (1.24)    (0.78)     (1.06)

Aggregate Value at Risk            (4.10)%   (2.15)%    (2.71)%


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, as such margin requirements generally range between

2%  and 15% of contract face value.  Additionally, due to the use

of leverage, the face value of the market sector instruments held

by   the   Partnership  is  typically  many   times   the   total

capitalization  of the Partnership.  The financial  magnitude  of

the  Partnership's open positions thus creates a "risk  of  ruin"

not  typically found in other investment vehicles.   Due  to  the

relative  size  of the positions held, certain market  conditions

may  cause  the Partnership to incur losses greatly in excess  of

VaR within a short period of time.  The foregoing VaR tables,  as

well  as  the  past  performance of  the  Partnership,  gives  no

indication of such "risk of ruin". In addition, VaR risk measures

should  be interpreted in light of the methodology's limitations,

which  include the following: past changes in market risk factors

will  not  always yield accurate predictions of the distributions

and correlations of future market movements; changes in portfolio

value  in  response  to  market movements  may  differ  from  the

responses implicit in a VaR model; published VaR results reflect

<PAGE>

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 foregoing VaR tables 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, 1999 and for the end of the four

quarterly   reporting  periods  from  October  1,  1998   through

September  30, 1999.  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 and monitor  risk

and  there  can  be  no  assurance that the Partnership's  actual

losses  on  a  particular  day will not exceed  the  VaR  amounts

indicated 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.  However, such balances, as  well

as  any  market  risk  they may represent, are  immaterial.   The

Partnership  also maintains a substantial portion  (approximately

82%) of its available assets in cash at DWR.  A decline in short-

term interest rates will result in a decline in the Partnership's



<PAGE>

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  the

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 (i) those disclosures that are

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

the  Partnership  manages  its primary market  risk  exposures  -

constitute  forward-looking  statements  within  the  meaning  of

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

<PAGE>

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, 1999, 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  is

in  the currency sector.  The Partnership's currency exposure  is

to  exchange  rate  fluctuations,  primarily  fluctuations  which

disrupt  the  historical pricing relationships 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.  For the third quarter  of

1999, the Partnership's major exposures were in the euro currency

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

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

currencies include the 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

<PAGE>

Partnership in expressing VaR in a functional currency other than

dollars.

      Interest  Rate.  The  second largest market  exposure  this

quarter  is  in the interest rate complex.  Exposure  was  spread

across  the U.S., European, Japanese, German and British 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

primary  interest  rate exposure is generally  to  interest  rate

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

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 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

<PAGE>

indices.   As  of  September 30, 1999, the Partnership's  primary

exposures were in the Nikkei (Japan), Hang Seng (China)  and  All

Ordinaries   (Australia)  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 Partnership to avoid being  "whipsawed"  into

numerous small losses).

     Commodity.

     Energy.   On  September  30, 1999, the Partnership's  energy

exposure  was shared by futures contracts in the oil and  natural

gas  markets.   Price  movements in  these  markets  result  from

political developments in the Middle East, weather patterns,  and

other  economic fundamentals.  As oil prices have increased about

100%  this  year, and, given that the agreement by  OPEC  to  cut

production  is  approaching  expiration  in  March  2000,  it  is

possible   that   volatility  will  remain  on  the   high   end.

Significant  profits  and losses have been and  are  expected  to

continue to be experienced in this market.  Natural gas,  also  a

primary  energy  market exposure, has exhibited  more  volatility

than  the  oil  markets on an intra day and daily  basis  and  is

expected to continue in this choppy pattern.

     Metals.  The Partnership's primary metals market exposure is

to  fluctuations  in  the  price of gold  and  silver.   Although

certain Trading Advisors will from time to time trade base metals

such  as aluminum, copper, zinc and nickel, the principal  market

exposures  of the Partnership have consistently been in  precious

<PAGE>

metals,  gold  and silver.  A significant amount of exposure  was

evident  in  the  gold  market as the  price  of  gold  increased

dramatically  following bullish comments by the European  Central

Bank.  Silver prices have remained volatile over this period, and

the  Trading  Advisors' have from time to time taken  substantial

positions as they have perceived market opportunities to develop.

Demeter  anticipates that gold and silver will remain the primary

metals market exposure for the Partnership.

     Soft  Commodities and Agriculturals. On September 30,  1999,

the  Partnership  had  a reasonable amount  of  exposure  in  the

markets  that  comprise  these sectors.  Most  of  the  exposure,

however,  was in the coffee, corn and sugar 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, 1999:



     Foreign   Currency  Balances.   The  Partnership's   primary

foreign currency balances are in Japanese yen, Mexican pesos  and

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

balances by regularly converting these balances back into dollars

upon liquidation of the respective position.







<PAGE>

Qualitative Disclosures Regarding Means of Managing Risk Exposure

The  means  by  which the Partnership and the  Trading  Advisors,

severally,  attempt to manage the risk of the Partnership's  open

positions  are  essentially the same  in  all  market  categories

traded.   Demeter  attempts  to manage the  Partnership's  market

exposure  by  (i)  diversifying the  Partnership's  assets  among

different  Trading  Advisors each of whose  strategies  focus  on

different  market  sectors  and  trading  approaches,  and  (ii),

monitoring  the performance of the Trading Advisors  on  a  daily

basis.   In  addition,  the Trading Advisors  establish  diversi-

fication 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,  which  is  the   only   Partnership

investment directed by Demeter, rather than the Trading Advisors.



















<PAGE>

                   PART II.  OTHER INFORMATION



Item 1.  LEGAL PROCEEDINGS

The  following supplements Legal Proceedings previously disclosed

in the Partnership's 1998 Form 10-K:



In  the  New  York  action, the motion  to  dismiss  the  amended

complaint  with prejudice has been fully briefed and  argued  and

the Dean Witter Parties are awaiting the New York Supreme Court's

decision.



In  the  California action, on September 24, 1999,  the  Superior

Court in the State of California entered an order dismissing  the

consolidated amended complaint without prejudice on consent.



Item 6.   Exhibits and Reports on Form 8-K

          (A)  Exhibits - None.


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



















<PAGE>









                           SIGNATURE



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




                           Dean Witter Global Perspective
                              Portfolio L.P. (Registrant)

                           By: Demeter Management Corporation
                               (General Partner)

November 12, 1999          By:  /s/ Lewis A. Raibley, III
                                    Lewis A. Raibley, III
                                    Director and 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.