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 June 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

                        June 30, 1999

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

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

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

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

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

     Statements of Cash Flows for the Six Months Ended
     June 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>
                                      June 30,     December 31,
                                        1999           1998
                                         $              $
                                    (Unaudited)

ASSETS
<S>                                     <C>            <C>
Equity in futures interests trading accounts:
 Cash                               17,200,202     17,208,838
 Net unrealized gain on open contracts    1,477,828    1,810,981

      Total Trading Equity          18,678,030     19,019,819

Due from DWR                           146,393        111,358
Interest receivable (DWR)              55,141           54,454

      Total Assets                  18,879,564     19,185,631


LIABILITIES AND PARTNERS' CAPITAL

Liabilities

Redemptions payable                    137,683        138,458
Accrued management fees                 47,089         47,934
Accrued administrative expenses         25,895        11,996
Incentive fees payable                  18,001            -

      Total Liabilities                228,668        198,388

Partners' Capital

 Limited Partners (16,291.399 and
        17,430.131 Units, respectively) 18,406,891 18,754,867
 General Partner (215.962 Units)       244,005        232,376

 Total Partners' Capital            18,650,896     18,987,243

 Total Liabilities and Partners' Capital  18,879,564   19,185,631

NET ASSET VALUE PER UNIT             1,129.85        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 June 30,

                                       1999           1998
                                        $            $
REVENUES
<S>                             <C>           <C>
 Trading profit (loss):
    Realized                         862,362    (561,363)
    Net change in unrealized         844,055    (345,763)

      Total Trading Results        1,706,417   (907,126)

 Interest Income (DWR)               160,572       187,915

      Total Revenues               1,866,989     (719,211)

EXPENSES

 Brokerage commissions (DWR)         319,985    311,720
    Management   fees                      141,772        139,734
Transaction fees and costs            42,224     51,792
 Incentive fees                       18,001     -
 Administrative expenses              11,785         11,616

    Total Expenses                   533,767       514,862

NET INCOME (LOSS)                  1,333,222  (1,234,073)


NET INCOME (LOSS) ALLOCATION

 Limited Partners                  1,316,261  (1,192,439)
        General        Partner                             16,961
(41,634)
NET INCOME (LOSS) PER UNIT

                         Limited                         Partners
78.54                                       (58.15)
                          General                         Partner
78.54                                        (58.15)
<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 Six Months Ended June 30,

                                       1999           1998
                                        $            $
REVENUES
<S>                          <C>             <C>
 Trading profit (loss):
    Realized                     1,956,650      (121,477)
    Net change in unrealized       (333,153)     (608,710)

      Total Trading Results      1,623,497      (730,187)

 Interest Income (DWR)             318,812        395,570

      Total Revenues             1,942,309       (334,617)

EXPENSES

 Brokerage commissions (DWR)       637,169      653,052
 Management fees                   280,894      296,778
 Transaction fees and costs         82,084      117,758
 Administrative expenses            23,350       24,670
 Incentive fees                     18,001              -

    Total Expenses               1,041,498     1,092,258
NET INCOME (LOSS)                  900,811     (1,426,875)


NET INCOME (LOSS) ALLOCATION
                         Limited                         Partners
889,182                                               (1,378,745)
General                                                   Partner
11,629                              (48,130)
NET INCOME (LOSS) PER UNIT

                         Limited                         Partners
53.85                                                     (67.22)
General                                                   Partner
53.85                        (67.22)
<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 Six Months Ended June 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 Loss              -                    (1,378,745)           (48,130)
(1,426,875)

Redemptions           (1,589.897)           (1,461,416)                     -
(1,461,416)

Partners' Capital,
 June 30, 1998       20,089.258            $17,436,132           $644,372
$18,080,504




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

Net Income                 -               889,182      11,629        900,811

Redemptions           (1,138.732)             (1,237,158)                  -
(1,237,158)

Partners' Capital,
 June 30, 1999         16,507.361          $18,406,891           $244,005
$18,650,896






<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 Six Months Ended June 30,

                                       1999            1998
                                        $            $
CASH FLOWS FROM OPERATING ACTIVITIES
<S>                           <C>                        <C>
Net   income  (loss)                     900,811                (
1,426,875)
Noncash item included in net income (loss):
    Net change in unrealized        333,153              608,710

(Increase) decrease in operating assets:
    Due from DWR                     (35,035)            (5,655)
    Interest receivable (DWR)           (687)            13,486
    Net option premiums                -                 (5,628)

Increase (decrease) in operating liabilities:
    Accrued management fees             (845)            (7,045)
    Accrued administrative expenses  13,899              15,335
          Incentive      fees      payable                 18,001
-
Net  cash  provided by (used for) operating activities  1,229,297
(807,672)


CASH FLOWS FROM FINANCING ACTIVITIES

Increase (decrease) in redemptions payable(775)          77,560
Redemptions        of       units                     (1,237,158)
(1,461,416)

Net    cash   used   for   financing   activities     (1,237,933)
(1,383,856)

Net      decrease      in      cash                       (8,636)
(2,191,528)

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

Balance      at      end     of     period             17,200,202
17,493,666


<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 $1,477,828 and

$1,810,981 at June 30, 1999 and December 31, 1998, respectively.



Of  the $1,477,828 net unrealized gain on open contracts at  June

30, 1999, $1,773,471 related to exchange-traded futures contracts

and  $(295,643)  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 June

30,  1999  and  December 31, 1998 mature through March  2000  and

September   1999,   respectively.   Off-exchange-traded   forward

currency  contracts held by the Partnership at June 30, 1999  and

December  31, 1998 mature through September 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  $18,973,673   and

$19,288,585 at June 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 Six Months Ended June 30, 1999

For  the  quarter  ended June 30, 1999, the Partnership  recorded

total  trading  revenues including interest income of  $1,866,989

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

significant  gains were experienced in the global  interest  rate

futures markets from short positions in Japanese bond futures  as

prices  fell  during  quarter-end  amid  news  of  stronger-than-

expected  economic growth in Japan.  Short positions in  European

bond  futures  were also profitable as prices  in  these  markets

moved lower during June on a general negative tone regarding  the

European common currency, a decline in U.S. Treasury bond prices

<PAGE>

and  bearish  sentiment pertaining to the overall health  of  the

European  economy.   Smaller gains were recorded  in  the  energy

markets from long natural gas futures positions as prices climbed

during  April  on the release of a report that showed  increasing

storage  stock  that  was well-below market expectations.   These

gains  were  partially offset by losses in the  currency  markets

from  short Japanese yen positions as the yen's value temporarily

strengthened during mid-June versus the U.S. dollar on reports of

stronger-than-expected gross domestic product  data  from  Japan.

Newly  established  long Japanese yen positions  produced  losses

later  in June as the yen's value weakened versus the U.S. dollar

after  the Bank of Japan intervened to prevent a rise in the  yen

in  an  effort to assist economic recovery in Japan.   Additional

losses  were  incurred  in the agricultural  markets  from  short

positions in soybean meal and corn futures as soybean meal prices

surged  during  April  as  a  result of  investment  fund  short-

covering,  reports  by  the USDA lowering  supply  estimates  and

unfavorable  weather in South America, while  corn  prices  edged

higher  during  May on an increase in U.S. exports and  forecasts

for  extended heat and dryness in most Midwestern states.  In the

soft  commodities markets, long coffee futures positions resulted

in  losses  as prices declined due to warm weather in Brazil  and

ample  warehouse  supplies during June. Total  expenses  for  the

three months ended June 30, 1999 were $533,767, resulting in  net

income  of  $1,333,222.   The value  of  a  Unit  increased  from

$1,051.31 at March 31, 1999 to $1,129.85 at June 30, 1999.





<PAGE>

For  the six months ended June 30, 1999, the Partnership recorded

total  trading  revenues including interest income of  $1,942,309

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

significant gains were recorded from short positions in  European

bond  futures,  particularly British  and  German  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.

Additional gains were experienced during February from short U.S.

interest  rate  futures positions as domestic  bond  prices  fell

significantly due to strong U.S. economic data and on warnings of

inflation in the U.S. by Federal Reserve Chairman Alan Greenspan.

Short   positions  in  U.S.  interest  rate  futures  were   also

profitable during May as domestic bond prices dropped sharply due

to  a  rise  in  the  Consumer Price Index and  Alan  Greenspan's

comments  regarding the unlikely possibility  of  continued  U.S.

economic expansion without significant inflation.  In the  energy

markets,  gains  were recorded during March and April  from  long

crude  oil  futures  positions as oil prices  moved  considerably

higher  on 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

experienced in the currency markets from short positions  in  the

euro  and  Swiss franc as the value of these European  currencies

declined  versus the U.S. dollar due to 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

<PAGE>

Yugoslavia.  A portion of these gains was offset by losses in the

global  stock  index futures markets 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.  Additional losses were recorded 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 also  unfavorable  as

priced declined due to warm weather in Brazil and ample warehouse

supplies.  In the metals markets, losses were incurred during May

from  long positions in zinc and copper futures as the prices  of

most base metals fell significantly amid large supply, low demand

and  the  unlikely possibility of a production cut  in  the  near

future.   Smaller  losses were experienced  in  the  agricultural

markets from short corn futures positions as priced moved  higher

on  an  increase in U.S. exports and forecasts for extended  heat

and  dryness in most Midwestern states.  Total expenses  for  the

six  months ended June 30, 1999 were $1,041,498, resulting in net

income of $900,811.  The value of a Unit increased from $1,076.00

at December 31, 1998 to $1,129.85 at June 30, 1999.



For the Quarter and Six Months Ended June 30, 1998

For  the  quarter  ended June 30, 1998, the Partnership  recorded

total  trading  losses  net of interest income  of  $719,211  and

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

significant losses were recorded in the financial futures markets

<PAGE>

during April and June.  In April, losses were recorded from  long

global  bond  futures  positions  as  Australian,  Japanese   and

European  interest  rate  futures  prices  reversed  lower  after

trending higher previously.  This trend higher in global interest

rate  futures prices re-emerged during May.  However,  additional

losses  were  recorded during June as this upward  move  reversed

sharply  lower  during  mid-month  in  reaction  to  the  Federal

Reserve's intervention to halt the downward slide of the Japanese

yen.   A  small  portion  of these losses  was  offset  by  gains

recorded  from  long  European  stock  index  futures  positions.

Smaller  losses were recorded in the currency markets from  short

positions  in  the German mark and Swiss franc during  April  and

June.   Smaller  losses were recorded in the agricultural  market

from  long soybean oil positions as prices reversed lower  during

May  after  trending higher in March and April.   Smaller  losses

were  recorded in the energy and metals markets during the second

quarter.   A  portion of the overall losses for the  quarter  was

offset  by  gains recorded in soft commodities during  June  from

long cotton futures positions as prices moved higher.  Additional

gains were recorded from short coffee futures positions as coffee

prices  moved  lower.  Total expenses for the three months  ended

June  30,  1998  were  $514,862,  resulting  in  a  net  loss  of

$1,234,073.  The value of a Unit decreased from $958.16 at  March

31, 1998 to $900.01 at June 30, 1998.



For  the six months ended June 30, 1998, the Partnership recorded

total trading losses net of interest income of $334,617 and



<PAGE>

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

significant  losses were recorded from long global  bond  futures

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

prices  reversed  lower after trending higher  previously.   This

trend  higher  in  global interest rate futures prices  reemerged

during May.  However, additional losses were recorded during June

as  this  upward move reversed sharply lower during mid-month  in

reaction  to  the  Federal  Reserve's intervention  to  halt  the

downward  slide  of the Japanese yen.  A small portion  of  these

losses  was  offset  by gains recorded from long  European  stock

index futures positions.  Additional losses were recorded in  the

currency markets during January due primarily to a reversal lower

in  the  previous  upward trend in the value of the  U.S.  dollar

relative  to  the  German mark, Japanese yen and  the  Australian

dollar.   Currency losses were also recorded during February  and

June from trading the Japanese yen and in March from trading  the

German  mark.   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  sharply  lower  during  February  after

trending higher previously.  In the agricultural markets,  losses

were  recorded from trading soybean oil futures in May  and  corn

futures  in  June.  Smaller losses were recorded  in  the  energy

markets.   A  portion  of the Partnership's  overall  losses  was

offset  by gains in soft commodities from short sugar and  coffee

futures as prices in these markets trended lower.  Total expenses

for the six months ended June 30, 1998 were $1,092,258, resulting



<PAGE>

in  a net loss of $1,426,875.  The value of a Unit decreased from

$967.23 at December 31, 1997 to $900.01 at June 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

2000  Problem  with  respect to Demeter's computer  systems  that

affect  the  Partnership.  This includes  hardware  and  software

upgrades, systems consulting and computer maintenance.







<PAGE>

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

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.




<PAGE>

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.



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

<PAGE>

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  the meaning of the safe  harbor  from  civil

liability  provided for such statements by the Private Securities

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

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

Act of 1934).  All

<PAGE>

quantitative disclosures in this section are deemed to be forward-

looking  statements for purposes of the safe harbor,  except  for

statements of historical fact.



The Partnership 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

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



<PAGE>

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 June 30, 1999.  As of June 30, 1999, the

Partnership's total capitalization was approximately $19 million.

     Primary Market             June 30, 1999
     Risk Category              Value at Risk

     Interest Rate                 (2.35)%

     Currency                      (2.06)

     Equity                        (1.09)

      Commodity                         (1.15)

      Aggregate Value at Risk      (4.10)%

<PAGE>
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  June  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 July  1,

1998 through June 30, 1999.

Primary Market Risk Category        High      Low      Average

Interest Rate                      (2.35)%   (0.91)%    (1.75)%

Currency                           (2.06)    (0.95)     (1.46)

Equity                             (1.09)    (0.34)     (0.76)

Commodity                          (1.15)    (0.60)     (0.90)

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



<PAGE>
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

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.

<PAGE>

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 June 30, 1999 and for the end  of  the  four

quarterly  reporting periods from July 1, 1998 through  June  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

78%) 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.





<PAGE>

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

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 June 30, 1999, by market sector.  It may be







<PAGE>

anticipated  however,  that  these  market  exposures  will  vary

materially over time.

      Interest Rate. The primary trading risk market exposure  in

the Partnership is in the interest rate sector.  Exposure at June

30,  1999 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  and

Spain.   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.

      Currency.  The second largest trading risk market  exposure

this  quarter  is  in  the currency complex.   The  Partnership's

currency exposure is to exchange rate fluctuations, primarily

<PAGE>

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

second 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  Partnership  in  expressing  VaR  in  a  functional

currency other than dollars.

      Equity.    The  primary equity exposure is to equity  price

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

Partnership  are  by  law  limited to futures  on  broadly  based

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

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

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

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

European  and Japanese indices.  (Static markets would not  cause

major market changes but would make it difficult for the



<PAGE>

Partnership  to  avoid  being  "whipsawed"  into  numerous  small

losses).

     Commodity.

     Soft  Commodities and Agriculturals. On June 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  soybean,  cotton and sugar markets.  Supply  and  demand

inequalities,  severe weather disruption and market  expectations

affect price movements in these markets.

     Energy.  On June 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  broken  out  of  low

price  ranges  achieved in 1998, it is possible  that  volatility

will  increase as well.  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  metals,  gold and silver.  The Trading  Advisors'  gold

trading has been increasingly limited due to the long-lasting and

<PAGE>                            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.



Qualitative Disclosures Regarding Non-Trading Risk Exposure

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

Partnership as of June 30, 1999:



Foreign  Currency  Balances.  The Partnership's  primary  foreign

currency  balances are in euros, Japanese yen, Swiss  francs  and

British pounds.  The Partnership controls the non-trading risk of

these  balances by regularly converting these balances back  into

dollars upon liquidation of the respective position.



Qualitative Disclosures Regarding Means of Managing Risk Exposure

The  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



<PAGE>

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 the Partnership's  1998 Form 10-K:



With   respect   to  the  plaintiff's  consolidated   aciton   in

California, on July 1, 1999, the Superior Court of the  State  of

California, ruling from the bench, denied the plaintiffs'  motion

to have their lawsuit certified as a class action, stating, among

other  things,  that plaintiffs' lawsuit did not  present  common

questions of fact.


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)

August 13, 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.