We have made spectroscopic identifications of 39 additional quasar candidates from the Deep Multicolor Survey (DMS) of Hall et al. (1996, ApJ, 462, 614, astro-ph/9512052). We have identified 9 new quasars with 0.3 3 were found among the observed candidates selected due to their red (B-R) and (V-R) colors. As a result, there are now 55 confirmed quasars in the survey: 42 with 0.3 3 over predictions based on models by Warren, Hewett, & Osmer is less than previously suggested. We also demonstrate the success of our quasar color modeling which is important in assessing the completeness of our survey.