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

                           FORM 10-Q

[X]   Quarterly  report pursuant to Section 13 or  15(d)  of  the
Securities Exchange Act of 1934
For the period ended March 31, 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

                       March 31, 1999



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

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

     Statements of Operations for the Quarters Ended
     March 31, 1999 and 1998 (Unaudited)...................3

     Statements of Changes in Partners' Capital for the
        Quarters Ended March 31, 1999 and 1998
     (Unaudited)...........................................4

     Statements of Cash Flows for the Quarters Ended
     March 31, 1999 and 1998 (Unaudited)...................5

        Notes to Financial Statements (Unaudited)..........6-10

Item 2. Management's Discussion and Analysis of

Financial Condition and Results of Operations..11-17

Item 3. Quantitative and Qualitative Disclosures about
        Market Risk . . . . . . . . . . . . . . . . . .18-29


Part II. OTHER INFORMATION

Item 1  Legal Proceedings..............................   30

Item 6. Exhibits and Reports on Form 8-K..................30






</TABLE>







<PAGE>
<TABLE>


                 PART I.  FINANCIAL INFORMATION
                                
Item 1.  Financial Statements

         DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
               STATEMENTS OF FINANCIAL CONDITION
<CAPTION>
                                     March 31,     December 31,
                                        1999           1998
                                         $              $
                                    (Unaudited)
ASSETS
<S>                                     <C>            <C>
Equity in futures interests trading accounts:
 Cash                               17,450,498     17,208,838
 Net unrealized gain on open contracts     633,773   1,810,981

 Total Trading Equity               18,084,271     19,019,819

Due from DWR                           128,548        111,358
Interest receivable (DWR)               56,284         54,454

 Total Assets                       18,269,103     19,185,631

LIABILITIES AND PARTNERS' CAPITAL

Liabilities

 Redemptions payable                   207,266        138,458
 Accrued management fees                45,637         47,934
 Accrued administrative expenses       14,111          11,996

 Total Liabilities                     267,014        198,388

Partners' Capital

 Limited Partners (16,907.449 and
  17,430.131 Units, respectively)   17,775,045     18,754,867
 General Partner (215.962 Units)       227,044        232,376

 Total Partners' Capital            18,002,089     18,987,243

 Total Liabilities and Partners' Capital   18,269,103  19,185,631


NET ASSET VALUE PER UNIT              1,051.31       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 March 31,

                                       1999           1998
                                        $            $
REVENUES
<S>                           <C>            <C>
 Trading profit (loss):
        Realized                        1,094,288         439,886
Net change in unrealized         (1,177,208)    (262,947)
      Total Trading Results         (82,920)    176,939
    Interest Income (DWR)          158,240      207,655
      Total Revenues                75,320       384,594

EXPENSES

      Brokerage   commissions   (DWR)      317,184        341,332
Management    fees                       139,122          157,044
Transaction fees and costs          39,860       65,966
    Administrative expenses         11,565       13,054
      Total Expenses               507,731      577,396

NET LOSS                           (432,411)    (192,802)


NET LOSS ALLOCATION

   Limited   Partners                    (427,079)      (186,306)
General Partner                      (5,332)      (6,496)

NET LOSS PER UNIT

                         Limited                         Partners
(24.69)                                                    (9.07)
General                                                   Partner
(24.69)                         (9.07)
<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 Quarters Ended March 31, 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 Loss               -                   (186,306)     (6,496)      (192,802)

Redemptions             (549.932)             (530,821)                  -
(530,821)

Partners' Capital
   March 31, 1998      21,129.223          $19,559,166            $686,006
$20,245,172





Partners' Capital
   December 31, 1998   17,646.093          $18,754,867           $232,376
$18,987,243
Net Loss                  -                (427,079)     (5,332)      (432,411)

Redemptions             (522.682)            (552,743)                    -
(552,743)

Partners' Capital
   March 31, 1999      17,123.411           $17,775,045            $227,044
$18,002,089





<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 Quarters Ended March 31,

                                       1999            1998
                                        $            $
CASH FLOWS FROM OPERATING ACTIVITIES
<S>                           <C>                        <C>
Net     loss                                            (432,411)
(192,802)                                                 Noncash
item included in net loss:
    Net change in unrealized      1,177,208              262,947
(Increase) decrease in operating assets:
    Due from DWR                     (17,190)            (16,208)
Interest receivable (DWR)             (1,830)            3,617
    Net option premiums                -                 (46,069)
Increase (decrease) in operating liabilities:
    Accrued management fees           (2,297)            (1,646)
         Accrued     administrative     expenses            2,115
13,054

Net    cash   provided   by   operating   activities      725,595
22,893

CASH FLOWS FROM FINANCING ACTIVITIES

Increase in redemptions payable      68,808              66,871
Redemptions        of       units                       (552,743)
(530,821)

Net    cash    used   for   financing   activities      (483,935)
(463,950)

Net  increase  (decrease)  in  cash      241,660                (
441,057)

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

Balance      at      end     of     period             17,450,498
19,244,137
<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 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 has elected to adopt the provisions of SFAS  No.  133

beginning with the fiscal year 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  $633,773  and

$1,810,981 at March 31, 1999 and December 31, 1998, respectively.

Of  the  $633,773 net unrealized gain on open contracts at  March

31,  1999,  $819,251 related to exchange-traded futures contracts

and  $(185,478)  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

March 31, 1999 and December 31, 1998 mature through December 1999

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

currency contracts held by the Partnership at March 31, 1999  and

December  31,  1998  mature through June  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,  which  funds,  in  the  aggregate,  totaled

$18,269,749  and $19,288,585 at March 31, 1999 and  December  31,

1998, respectively.

<PAGE>

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




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 Ended March 31, 1999

For  the  quarter ended March 31, 1999, the Partnership  recorded

total trading revenues including interest income of $75,320  and,

after  expenses, posted a decrease in Net Asset Value  per  Unit.

The  Partnership recorded net losses primarily from  trading  S&P

500  Index futures during January and February as domestic equity

prices moved in a choppy pattern on concerns that strong economic

growth  in  the U.S. would lead to an interest rate hike  by  the

Federal  Reserve.   Losses  were also  recorded  in  this  market

complex  from  long  IBEX-35 Index futures positions  as  Spanish

stock prices

<PAGE>

also  moved  in a trendless manner during January  and  March  in

response  to  the  uncertainty caused by the  Brazilian  economic

crisis.  In the global interest rate futures markets, losses were

experienced  during January and February from short positions  in

Japanese government bond futures as interest rate prices in Japan

spiked  higher  amid sizable losses in global  stock  markets  in

early  January,  a "flight-to-quality" due to renewed  financial-

market  turmoil  in Brazil and an announcement  by  the  Japanese

Ministry of Finance that they would resume outright purchases  of

government bonds.  In soft commodities, losses were recorded from

long  positions  in  coffee and sugar futures during  January  as

prices declined amid fears that economic turmoil in Brazil  would

lead  them  to  flood the market with increased exports.   Losses

were   also  recorded  during  March  from  long  coffee  futures

positions  as  prices surged late in the month as options-related

buying  triggered  waves of buy-stops at several  key  resistance

levels,  attracting fund short-covering.  In the metals  markets,

losses  were  recorded from long copper futures positions  during

February  as copper prices fell to a 12-year low amid a continued

rise  in  supplies and declining demand amid a worldwide economic

slowdown,  particularly in Asia.  Losses  were  also  experienced

from  short  positions in copper futures during March  as  prices

reversed higher in response to a decline in LME warehouse  stocks

and evidence that Japanese consumption has stabilized.  A portion

of the Partnership's overall losses for the quarter was offset by

gains  recorded in the currency markets from short  positions  in

the European common currency and the Swiss franc as the value  of

these European

                                

<PAGE>

currencies  declined versus the U.S. dollar during  February  and

March.   Some of the fundamental reasons that led to the  decline

in the value of the euro and Swiss franc were the strength of the

U.S.  economy,  concerns  pertaining to the  economic  health  of

Europe  and  Japan  and growing uncertainty  about  the  military

action  in  Yugoslavia.  Additional gains were  recorded  in  the

energy markets during March from long futures positions in  crude

oil  and its refined products, heating oil and unleaded gasoline,

as   oil  prices  moved  considerably  higher.   The  substantial

recovery in oil prices during March was largely attributed to the

news  that  both  OPEC  and  non-OPEC countries  had  reached  an

agreement  to  cut  total  output by  approximately  two  million

barrels  a day beginning April 1st.  Smaller gains were  recorded

in  the  agricultural markets during January  and  February  from

short  positions in soybean and soybean oil futures as prices  in

these  markets moved lower due to beneficial growing  weather  in

South  America and speculation that Brazil would increase exports

to  aid  its ailing economy. Total expenses for the three  months

ended  March 31, 1999 were $507,731, resulting in a net  loss  of

$432,411.   The  value  of  a Unit decreased  from  $1,076.00  at

December 31, 1998 to $1,051.31 at March 31, 1999.



For the Quarter Ended March 31, 1998

For  the  quarter ended March 31, 1998, the Partnership  recorded

total trading revenues including interest income of $384,594 and,

after  expenses  posted a decrease in Net Asset Value  per  Unit.

The most significant losses were recorded in the currency markets

during January due primarily to a reversal lower in the previous

<PAGE>

upward  trend  in  the value of the U.S. dollar relative  to  the

German  mark, Japanese yen and the Australian dollar.  Additional

currency losses were recorded during February as the stability of

the  Japanese  economy remained questionable,  thus  causing  the

value  of  the yen to move in a short-term  volatile pattern.   A

portion  of these losses was offset by gains in March from  short

positions  in  the  Japanese yen, Swiss  franc  and  German  mark

relative to the U.S. dollar and other world currencies.   In  the

metals  markets, losses were recorded from short  copper  futures

positions  as prices moved higher during January and  March,  and

from  long  silver  futures positions as silver  prices  reversed

lower  during February after trending higher previously.  Smaller

losses  were  recorded in the energy and soft commodities  market

from short positions in crude oil and cotton futures as prices in

these  markets  moved higher after trending lower previously.   A

portion  of the Partnership's overall losses was offset by  gains

in  financial  futures from long positions in European  bond  and

U.S.  stock index futures during January and March, respectively.

Total  expenses for the three months ended March  31,  1998  were

$577,396,  resulting in a net loss of $192,802.  The value  of  a

Unit  decreased from $967.23 at December 31, 1997 to  $958.16  at

March 31, 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,



<PAGE>

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 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.

     

     <PAGE>

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

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.

     <PAGE>

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.



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.

                                

<PAGE>

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  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.

                                

<PAGE>

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

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



<PAGE>

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 March 31, 1999.  As of March 31,  1999,

the  Partnership's  total capitalization  was  approximately  $18

million.

     Primary Market             March 31, 1999
     Risk Category              Value at Risk

     Interest Rate                 (0.91)%

     Currency                      (1.84)

     Equity                        (0.89)

      Commodity                         (0.78)

      Aggregate Value at Risk      (2.27)%


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  March  31,  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

<PAGE>

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 April 1,

1998 through March 31, 1999.

Primary Market Risk Category      High        Low        Average

Interest Rate                      (2.32)%   (0.91)%   (1.74)%

Currency                           (1.84)    (0.95)    (1.35)

Equity                             (0.89)    (0.34)    (0.60)

Commodity                          (1.07)    (0.60)    (0.85)

Aggregate Value at Risk            (3.00)%   (2.15)%   (2.44)%

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

                                

<PAGE>

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

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 March 31, 1999 and for the end  of  the  four

quarterly reporting periods from April 1, 1998 through March  31,

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.

<PAGE>
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

85%) of its available assets in cash at DWR.  A decline in short-

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

cash  management  income. This cash flow risk is  not  considered

material.



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

assessment  of  reasonably  possible  market  movements  and  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

                                

<PAGE>

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

risk  controls to differ materially from the objectives  of  such

strategies.   Government  interventions,  defaults   and   expro-

priations,   illiquid   markets,  the   emergence   of   dominant

fundamental  factors, political upheavals, changes in  historical

price  relationships,  an  influx  of  new  market  participants,

increased  regulation  and many other  factors  could  result  in

material  losses  as  well as in material  changes  to  the  risk

exposures  and the risk management strategies of the Partnership.

Investors  must be prepared to lose all or substantially  all  of

their investment in the Partnership.

     

The  following  were the primary trading risk  exposures  of  the

Partnership as of March 31, 1999, by market sector.   It  may  be

anticipated  however,  that  these  market  exposures  will  vary

materially over time.

      Interest  Rate. Interest rate risk is the principal  market

exposure  of  the Partnership.  Interest rate movements  directly

affect the price of the sovereign bond futures positions held  by

the  Partnership and indirectly 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 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, Switzerland

<PAGE>

and  Spain.   Demeter  anticipates that G-7 interest  rates  will

remain  the  primary market 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  future

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.

      Currency.    The  Partnership's  currency  exposure  is  to

exchange rate fluctuations, primarily fluctuations which  disrupt

the historical pricing relationships between different currencies

and  currency  pairs.   These  fluctuations  are  influenced   by

interest  rate changes as well as political and general  economic

conditions.   The  Partnership  trades  in  a  large  number   of

currencies,  including cross-rates - i.e., positions between  two

currencies   other   than   the  U.S.   dollar.    However,   the

Partnership's  major  exposures  have  typically  been   in   the

dollar/euro,  dollar/yen,  dollar/Swiss  franc  and  dollar/pound

positions.  Demeter does not anticipate that the risk profile  of

the  Partnership's currency sector will change  significantly  in

the future, although it is difficult at this point to predict the

effect  of  the introduction of the euro on the Trading Advisors'

currency trading strategies.

      Equity.   The Partnership's primary equity exposure  is  to

equity price risk in the G-7 countries.  The stock index futures

                                

<PAGE>

traded  by  the  Partnership are by law  limited  to  futures  on

broadly  based  indices.  As of March 31, 1999, the Partnership's

primary  exposures  were  in  the Nikkei  (Japan),  S&P  500  and

Financial  Times  (England) stock indices.   The  Partnership  is

primarily  exposed to the risk of adverse price trends or  static

markets  in  the  major  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.

     Metals.    The Partnership's primary metals market  exposure

is  to  fluctuations in the price of gold and  silver.   Although

the  Trading  Advisors will from time to time trade  base  metals

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

exposures  of  the  Partnership have  consistently  been  in  the

precious  metals, gold and silver (and, to a much lesser  extent,

platinum).    The  Trading  Advisors'  gold  trading   has   been

increasingly  limited  due to the long-lasting  and  mainly  non-

volatile decline in the price of gold over the last 10-15  years.

However,  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.  The  Partnership's

primary  commodities exposure is to fluctuations in the price  of

soft commodities and agriculturals, which are often directly

<PAGE>

affected  by  severe  or  unexpected weather  conditions.   Corn,

soybeans,  and coffee accounted for the substantial bulk  of  the

Partnership's  commodities exposure at March 31,  1999.   Demeter

anticipates  that the Trading Advisors will maintain an  emphasis

on  corn,  soybeans,  and coffee, in which  the  Partnership  has

historically taken it's largest positions.

      Energy.    The Partnership's primary energy market exposure

is to gas and oil price movements, often resulting from political

developments  in the Middle East.  Although the Trading  Advisors

trade natural gas to a limited extent, oil is by far the dominant

energy  market  exposure  of  the Partnership.   Oil  prices  are

currently  depressed,  but they can be volatile  and  substantial

profits and losses have been and are expected to continue  to  be

experienced in this market.



Qualitative Disclosures Regarding Non-Trading Risk Exposure

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

Partnership at March 31, 1999:



Foreign  Currency  Balances.  The Partnership's  primary  foreign

currency  balances  are  in Euros, Swiss  francs,  Japanese  yen,

Mexican pesos and Canadian dollars.  The Partnership controls the

non-trading risk of these balances by regularly converting  these

balances  back into U.S. dollars at varying intervals,  depending

upon such factors as size, volatility, etc.





<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   instruments,  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 Item 3. of the Partnership's  1998 Form 10-K:



On  April  12,  1999,  the  defendants  filed  a  motion  in  the

California  action to oppose certification by the  court  of  the

class in the California litigation.


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)

May 14, 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.