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, 1998 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. 0-17446

             DEAN   WITTER  DIVERSIFIED  FUTURES  FUND  II   L.P.
(Exact name of registrant as specified in its charter)


          Delaware                              13-3490286
(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 DIVERSIFIED FUTURES FUND II L.P.

             INDEX TO QUARTERLY REPORT ON FORM 10-Q

                       June 30, 1998
<CAPTION>

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

     Statements of Financial Condition June 30, 1998
     (Unaudited) and December 31, 1997.....................2

     Statements of Operations for the Quarters Ended
     June 30, 1998 and 1997 (Unaudited)....................3

     Statements of Operations for the Six Months Ended
     June 30, 1998 and 1997 (Unaudited)....................4

     Statements of Changes in Partners' Capital for the
        Six Months ended June 30, 1998 and 1997
     (Unaudited)...........................................5

     Statements of Cash Flows for the Six Months Ended
     June 30, 1998 and 1997 (Unaudited)....................6

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

Item 2. Management's Discussion and Analysis of

Financial Condition and Results of Operations..12-18

Part II. OTHER INFORMATION

Item 1. Legal Proceedings.................................19

Item 6. Exhibits and Reports on Form 8-K..................20





</TABLE>











<PAGE>
<TABLE>

                 PART I.  FINANCIAL INFORMATION

ITEM 1.  Financial Statements

          DEAN WITTER DIVERSIFIED FUTURES FUND II L.P.
               STATEMENTS OF FINANCIAL CONDITION

<CAPTION>

                                      June 30,     December 31,
                                        1998           1997
                                         $              $
                                    (Unaudited)
ASSETS
<S>                             <C>                 <C>
Equity in Commodity futures trading accounts:
 Cash                               9,769,334      10,015,151
 Net unrealized gain on open contracts   1,030,418  1,749,349

 Total Trading Equity              10,799,752      11,764,500

Interest receivable (DWR)              33,318          36,672
Due        from       DWR                                  11,835
-

 Total Assets                      10,844,905      11,801,172


LIABILITIES AND PARTNERS' CAPITAL

Liabilities

 Redemptions payable                  455,462        283,443
 Accrued management fees (DWFCM)       27,112          29,503

 Total Liabilities                    482,574         312,946


Partners' Capital

 Limited Partners (3,903.438 and
  4,175.580 Units, respectively)   10,093,411      11,209,045
 General Partner (104 Units)          268,920         279,181

 Total Partners' Capital           10,362,331      11,488,226

 Total Liabilities and Partners' Capital  10,844,905  11,801,172


NET ASSET VALUE PER UNIT             2,585.77        2,684.43

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





<CAPTION>
                                 For the Quarters Ended June 30,

                                       1998            1997
                                        $            $
REVENUES
<S>                         <C>              <C>
 Trading profit (loss):
    Realized                       (908,805)   (410,972)
    Net change in unrealized     1,237,965     (220,882)

      Total Trading Results        329,160      (631,854)

    Interest Income (DWR)          103,795       122,732

      Total Revenues               432,955       (509,122)


EXPENSES

    Brokerage fees (DWR)           171,358      215,360
    Management fees (DWFCM)         79,654       89,323
         Transaction     fees     and     costs            12,280
16,881

      Total Expenses               263,292      321,564

NET INCOME (LOSS)                  169,663      (830,686)


NET INCOME (LOSS) ALLOCATION

       Limited   Partners                 165,446       (812,993)
General Partner                      4,217      (17,693)


NET INCOME (LOSS) PER UNIT

            Limited        Partners                         40.55
(170.13)
       General  Partner                                     40.55
(170.13)

<FN>


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

          DEAN WITTER DIVERSIFIED FUTURES FUND II L.P.
                    STATEMENTS OF OPERATIONS
                           (Unaudited)


<CAPTION>



                                For the Six Months Ended June 30,

                                       1998            1997
                                        $            $
REVENUES
<S>                            <C>           <C>
 Trading profit (loss):
    Realized                       608,863      416,375
    Net change in unrealized       (718,931)       3,881

      Total Trading Results        (110,068)    420,256

    Interest Income (DWR)          213,678        251,208

      Total Revenues               103,610       671,464


EXPENSES

    Brokerage fees (DWR)           339,598      445,917
    Management fees (DWFCM)        163,260      189,480
         Transaction     fees     and     costs            26,844
35,099

       Total Expenses              529,702       670,496

NET INCOME (LOSS)                  (426,092)             968


NET INCOME (LOSS) ALLOCATION

    Limited Partners               (415,831)      1,657
    General Partner                 (10,261)       (689)


NET INCOME (LOSS) PER UNIT

    Limited Partners                (98.66)       (6.63)
    General Partner                  (98.66)      (6.63)

<FN>

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

<PAGE>
<TABLE>

          DEAN WITTER DIVERSIFIED FUTURES FUND II L.P.
           STATEMENTS OF CHANGES IN PARTNERS' CAPITAL
        For the Six Months Ended June 30, 1998 and 1997
                          (Unaudited)


<CAPTION>


                          Units of
                        Partnership Limited   General
                          Interest   Partners Partner    Total


<S>                            <C>                            <C>
<C>                              <C>
Partners' Capital,
  December 31, 1996      5,086.521 $12,019,867        $250,890       $12,270,757

Net Income (Loss)            -        1,657    (689)            96
8

Redemptions                (491.013)    (1,215,950)                   -
(1,215,950)

Partners' Capital,
  June 30, 1997          4,595.508 $10,805,574        $250,201     $11,055,775




Partners' Capital,
  December 31, 1997      4,279.580 $11,209,045        $279,181       $11,488,226

Net Loss                     -     (415,831)    (10,261)             (426,092)

Redemptions                (272.142)    (699,803)            -             (699,803)

Partners' Capital,
  June 30, 1998          4,007.438 $10,093,411      $268,920       $10,362,331





<FN>

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

</TABLE>






<PAGE>
<TABLE>

          DEAN WITTER DIVERSIFIED FUTURES FUND II L.P.
                    STATEMENTS OF CASH FLOWS
                           (Unaudited)


<CAPTION>



                                For the Six Months Ended June 30,

                                       1998            1997
                                        $            $
CASH FLOWS FROM OPERATING ACTIVITIES
<S>                             <C>                      <C>
 Net income (loss)                  (426,092)             968
 Noncash item included in net income (loss):
    Net change in unrealized        718,931              (3,881)

 (Increase) decrease in operating assets:
    Interest receivable (DWR)         3,354              4,190
    Due from DWR                     (11,835)            (6,088)

 Increase (decrease) in operating liabilities:
    Accrued management fees (DWFCM)  (2,391)             (2,002)
    Accrued brokerage fees (DWR)       -                 23,160
     Accrued  transaction  fees  and  costs                     -
43

    Net   cash   provided   by   operating   activities   281,967
16,390


CASH FLOWS FROM FINANCING ACTIVITIES


 Increase in redemptions payable    172,019              392,955
   Redemptions  of  units                (699,803)              (
1,215,950)

    Net   cash   used   for   financing   activities    (527,784)
(822,995)


   Net  decrease  in  cash                (245,817)             (
806,605)

  Balance  at  beginning  of  period   10,015,151               1
2,415,430

  Balance  at  end  of  period          9,769,334               1
1,608,825


<FN>

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

</TABLE>

<PAGE>
           DEAN WITTER DIVERSIFIED FUTURES FUND II 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 Diversified

Futures  Fund II L.P. (the "Partnership").  The financial  state-

ments  and  condensed notes herein should be read in  conjunction

with the Partnership's December 31, 1997 Annual Report on Form

10-K.


1. Organization

Dean  Witter  Diversified  Futures Fund  II  L.P.  is  a  limited

partnership  organized  to engage in the speculative  trading  of

commodity   futures  contracts  and  futures  related  contracts,

including  forward contracts on foreign currencies (collectively,

"futures  interests").  The general partner is Demeter Management

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

Dean  Witter Reynolds Inc. ("DWR"), with an unaffiliated clearing

commodity broker, Carr Futures Inc. ("Carr"), providing  clearing

and  execution  services.   The trading  manager  who  makes  all

trading  decisions for the Partnership is Dean Witter  Futures  &

Currency  Management,  Inc.  ("DWFCM"),  an  affiliate  of   DWR.

Demeter,  DWR  and  DWFCM  are all wholly-owned  subsidiaries  of

Morgan Stanley Dean Witter & Co. ("MSDW").



2. Related Party Transactions

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

                                

<PAGE>

          DEAN WITTER DIVERSIFIED FUTURES FUND II L.P.

            NOTES TO FINANCIAL STATEMENTS (CONTINUED)


commodity trading accounts to meet margin requirements as needed.

DWR  pays  interest on these funds based on current 13-week  U.S.

Treasury   bill  rates.  Brokerage  expenses  incurred   by   the

Partnership  are  paid  to DWR.  Management  and  incentive  fees

incurred by the Partnership are paid to DWFCM.



3. Financial Instruments

The  Partnership trades futures and forward contracts in interest

rates,  stock  indices, commodities and currencies.  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.  At June 30, 1998 and December 31,  1997,  open

contracts were:

                               Contract or Notional Amount
                            June 30, 1998    December 31, 1997
                                    $                   $
Exchange-Traded Contracts
 Financial Futures:
   Commitments to Purchase     8,551,000           3,419,000
   Commitments to Sell         1,451,000                -
 Commodity Futures:
   Commitments to Purchase       805,000             449,000
   Commitments to Sell         3,424,000           7,245,000
 Foreign Futures:
   Commitments to Purchase    23,789,000          22,719,000
   Commitments to Sell        31,551,000           5,110,000
Off-Exchange-Traded
 Forward Currency Contracts
   Commitments to Purchase    53,635,000          22,401,000
   Commitments to Sell        71,123,000          43,183,000
<PAGE>
          DEAN WITTER DIVERSIFIED FUTURES FUND II L.P.
            NOTES TO FINANCIAL STATEMENTS (CONTINUED)


A  portion of the amounts indicated as off-balance-sheet risk  in

forward   currency   contracts  is  due  to  offsetting   forward

commitments to purchase and to sell the same currency on the same

date   in   the   future.   These  commitments  are  economically

offsetting,  but are not offset in the forward market  until  the

settlement date.

                                
The  net  unrealized gains on open contracts are  reported  as  a

component  of  "Equity in Commodity futures trading accounts"  on

the  Statements of Financial Condition and totaled $1,030,418 and

$1,749,349 at June 30, 1998 and December 31, 1997, respectively.



Of  the $1,030,418 net unrealized gain on open contracts at  June

30,  1998, $245,990, related to exchange-traded futures contracts

and  $784,428,  related to off-exchange-traded  forward  currency

contracts.



Of  the  $1,749,349  net unrealized gain  on  open  contracts  at

December  31, 1997, $703,453, related to exchange-traded  futures

contracts and $1,045,896, related to off-exchange-traded  forward

currency contracts.


Exchange-traded futures contracts held by the Partnership at June

30,  1998 and December 31, 1997 mature through December 1998  and

June  1998,  respectively.  Off-exchange-traded forward  currency

contracts  held by the Partnership at June 30, 1998 and  December

31,   1997   mature   through  October  1998  and   April   1998,

respectively.

<PAGE>

          DEAN WITTER DIVERSIFIED FUTURES FUND II L.P.
            NOTES TO FINANCIAL STATEMENTS (CONTINUED)
                                
                                
The   contract   amounts  in  the  above  table   represent   the

Partnership's  extent  of involvement in a  particular  class  of

financial  instrument, but not the credit  risk  associated  with

counterparty  non-performance.  The credit risk  associated  with

these  instruments  is limited to the amounts  reflected  in  the

Partnership's Statements of Financial Condition.



The Partnership also has credit risk because DWR and Carr act  as

the  futures  commission  merchants or the  counterparties,  with

respect  to  most  of the Partnership's assets.   Exchange-traded

futures  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  the  Partnership's

exchange-traded  futures  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 contracts, including an amount  equal  to

the  net  unrealized  gain on all open futures  contracts,  which

funds,  in the aggregate, totaled $10,015,324 and $10,718,604  at

June  30, 1998 and December 31, 1997, 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

<PAGE>

          DEAN WITTER DIVERSIFIED FUTURES FUND II L.P.
            NOTES TO FINANCIAL STATEMENTS (CONCLUDED)


risk  to  the ability of Carr, the sole counterparty on all  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).

                                

For  the  six months ended June 30, 1998 and for the  year  ended

December   31,   1997,  the  average  fair  value  of   financial

instruments held for trading purposes was as follows:

                                           June 30, 1998
                                       Assets        Liabilities
                                         $               $

Exchange-Traded Contracts:
  Financial Futures                   4,381,000       3,943,000
  Commodity Futures                     868,000       4,475,000
  Foreign Futures                    17,865,000      11,977,000
Off-Exchange-Traded Forward
 Currency Contracts                  40,894,000      49,921,000


                                        December 31, 1997
                                       Assets        Liabilities
                                         $               $

Exchange-Traded Contracts:
   Financial  Futures                  3,335,000       11,531,000
Commodity Futures                  4,614,000        5,619,000
  Foreign Futures                   13,703,000        7,965,000
Off-Exchange-Traded Forward
 Currency Contracts                 25,073,000       33,538,000

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


Liquidity - The Partnership's assets are deposited with  DWR,  as

non-clearing broker and with Carr, as clearing broker in separate

futures   interest  trading  accounts,  and  are  used   by   the

Partnership  as  margin  to engage in futures  interest  trading.

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   be

illiquid.   If  the price of a futures contract for a  particular

commodity  has increased or decreased by an amount equal  to  the

"daily  limit," positions in the commodity can neither  be  taken

nor liquidated unless traders are willing to effect trades at  or

within  the  limit.   Commodity futures 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 commodity futures  positions  and

result in restrictions on redemptions.

                                

There  is  no limitation on daily price moves in trading  forward

contracts  on  foreign currencies.  The markets  for  some  world

currencies have low trading volume and are illiquid, which may

<PAGE>

prevent  the  Partnership from trading in potentially  profitable

markets  or  prevent  the Partnership from  promptly  liquidating

unfavorable  positions  in  such markets  and  subjecting  it  to

substantial  losses.   Either of these  market  conditions  could

result in restrictions on redemptions.


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

expect to have, any capital assets.  Redemptions and exchanges of

Units  of Limited Partnership Interest in the future will  affect

the amount of funds available for investment in futures interests

in  subsequent periods.  Since they are at the discretion of  the

Limited  Partners, it is not possible to estimate the amount  and

therefore, the impact of future redemptions and exchanges.



Results of Operations

For the Quarter and Six Months Ended June 30, 1998

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

total trading revenues including interest income of $432,955, and

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

significant  gains were recorded in the currency  markets  during

May  from  short Japanese yen positions as the value of  the  yen

reached its lowest level relative to the U.S. dollar since  1991.

Additional  gains  were  recorded during June  from  short  South

African rand positions as its value also trended lower versus the

U.S. dollar despite intervention by the South African government.

Currency gains were also recorded from trading the Swedish  krona

and   Australian   dollar  throughout  the  quarter.    In   soft

commodities, gains were recorded from short coffee futures

<PAGE>

positions  as prices moved lower during April and June.   Smaller

gains were recorded during the second quarter in the agricultural

and  metals  markets  from short positions  in  corn,  wheat  and

aluminum futures.  A portion of these gains was offset by  losses

in  the  financial  futures markets 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.

The  previous 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.  Additional losses  were

recorded from trading global stock index futures during April and

June.   Smaller losses were recorded in the energy  markets  from

short  natural  gas futures positions as prices  reversed  higher

during June after trending lower previously.  Total expenses  for

the three months ended June 30, 1998 were $263,292, resulting  in

net  income of $169,663.  The value of an individual Unit in  the

Partnership  increased  from  $2,545.22  at  March  31,  1998  to

$2,585.77 at June 30, 1998.



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

total trading revenues including interest income of $103,610  and

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

The  most significant losses were recorded in the metals  markets

during the first quarter from long silver futures positions as

<PAGE>

silver  prices  reversed lower in February after rallying  higher

during January. Additional losses were recorded from trading gold

futures  during  much  of the first half of  the  year.   Smaller

losses  were  recorded  from trading base metals  futures  during

March and May.  In financial futures, losses recorded during  the

second quarter from short Nikkei Index futures positions, as well

as  from long Australian bond futures positions more than  offset

profits recorded during the first quarter from long European bond

futures  positions.   In  currency  trading,  significant  losses

recorded  during  the first quarter due primarily  to  short-term

volatility  in  the value of the Japanese yen were offset  during

the second quarter by gains from short Japanese yen positions  as

its  value  moved  dramatically  lower  during  May.   Additional

currency  gains recorded in the second quarter from  trading  the

Swedish  krona and South African Rand offset losses  recorded  in

European  currencies  during the first six months  of  the  year.

Additionally, trendless movement in soybean futures prices during

January and March resulted in smaller losses for the Partnership.

A  portion of the Partnership's overall losses for the first half

of the year was offset by gains in soft commodities recorded from

short  sugar  futures  positions as prices trended  lower  during

January  and February and from short coffee futures positions  as

prices  trended lower during April and June.  Total expenses  for

the six months ended June 30, 1998 were $529,702, resulting in  a

net  loss  of $426,092.  The value of an individual Unit  in  the

Partnership  decreased from $2,684.43 at  December  31,  1997  to

$2,585.77 at June 30, 1998.

                                

<PAGE>

For the Quarter and Six Months Ended June 30, 1997

For  the  quarter  ended June 30, 1997 the  Partnership  recorded

total  trading  losses net of interest income  of  $509,122,  and

posted  a  decrease  in Net Asset Value per Unit.    Losses  were

recorded in the financial futures markets during April from short

positions  in  U.S. interest rate futures as prices moved  higher

late  in  the  month.   This upward price move  resulted  in  the

Partnership  establishing  new  long  positions,  which  recorded

additional  losses  in May as prices finished  the  month  lower.

Smaller losses were recorded as a result of similar choppy  price

movement in European interest rate futures during April and  May.

A  portion  of these losses was offset in June from  long  global

interest  rate  and stock index futures positions  as  prices  in

these markets moved higher.  Trading losses were also recorded in

the  energy and metals markets as oil and gas prices, as well  as

base  metals  prices,  moved  in a choppy  pattern  throughout  a

majority  of  the quarter.  Smaller losses were recorded  in  the

currency markets as gains experienced from a strengthening in the

value  of  the  U.S. dollar versus the Japanese yen during  April

were  more  than  offset  by  losses recorded  from  transactions

involving  the  Swiss  franc during June  and  from  transactions

involving  the Canadian dollar and British pound during  May.   A

portion  of the Partnership's overall losses for the quarter  was

offset by gains experienced from long coffee futures positions as

coffee  prices  trended  higher  during  April  and  May.   Gains

recorded from short soybean and corn futures positions, as prices

in these markets moved lower during June, also helped to mitigate

losses during the quarter.  Total expenses for the three

                                

<PAGE>

months ended June 30, 1997 were $321,564, resulting in a net loss

of  $830,686.  The value of an individual Unit in the Partnership

decreased from $2,575.91 at March 31, 1997 to $2,405.78  at  June

30, 1997.



For  the six months ended June 30, 1997, the Partnership recorded

total trading revenues including interest income of $671,464  and

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

Net  trading  losses  were experienced in  global  interest  rate

futures as prices in these markets moved in a short-term volatile

range  during  the  period January to April.   Losses  were  also

recorded from trading energy futures during the second quarter as

oil  and  gas prices moved without consistent direction.  Smaller

losses were recorded in metals as gains recorded from short  gold

futures positions during January were more than offset by  losses

in  base  metals  futures trading during the second  quarter.   A

majority of the Partnership's overall losses were offset by gains

recorded  in  the currency markets as a result of a strengthening

in  the  value of the U.S. dollar versus the Japanese yen  during

the  period  January  through April and relative  to  most  major

European  currencies during January and February.  A  portion  of

these gains was offset by losses from transactions involving  the

British pound and Canadian dollar during February, March and May.

Gains  recorded  in  soft commodities from  long  coffee  futures

positions,  as  coffee  prices  trended  steadily  higher  during

January  and February and again during April and May also  helped

to  mitigate  overall  losses for the first  half  of  the  year.

Smaller gains were

                                

<PAGE>

recorded  in  the agricultural markets from trading  soybean  and

corn  futures.  Total expenses for the six months ended June  30,

1997  were $670,496, resulting in net income of $968.  The  value

of an individual Unit in the Partnership decreased from $2,412.41

at December 31, 1996 to $2,405.78 at June 30, 1997.















































<PAGE>
                  PART II.    OTHER INFORMATION



Item 1.   LEGAL PROCEEDINGS

Previously  reported.  See Form 10-Q for the quarter ended  March

31, 1998.







































                             - 19 -


<PAGE>
Item 6.   Exhibits and Reports on Form 8-K

               Reports on Form 8-K. - No such reports have been
               filed for the quarter ended June 30, 1998.



















































<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 Diversified Futures
                               Fund II L.P. (Registrant)

                               By: Demeter Management Corporation
                                  (General Partner)

August  12,  1998                By:  /s/ Lewis A.  Raibley,  III
Lewis A. Raibley, III
                                        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.