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                                                                        12b-25.1

                   FORM 12b-25.--NOTIFICATION OF LATE FILING

                                  FORM 12b-25

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                                                               SEC FILE NUMBER
                                                                    0-4179
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                                                                 CUSIP NUMBER
                                                                 140-231-10-1
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                                 UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

(Check One): [X] Form 10-K [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q
[ ] Form N-SAR

For Period Ended: July 31, 1999

[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on form N-SAR

For the Transition Period Ended: ________________________________

Read Instruction (on back page) Before Preparing Form. Please Print or Type.

   NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE COMMISSION HAS
                   VERIFIED ANY INFORMATION CONTAINED HEREIN.

If the notification relates to a portion of the filing checked above, identify
the item(s) to which the notification relates:
Rule 12b-25 (17CFR 240.12b-25)
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PART I--REGISTRANT INFORMATION
CAPITAL INVESTMENT OF HAWAII, INC.
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Full Name of Registrant:

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Former Name if Applicable

Suite 1700 Makai Tower, 733 Bishop Street
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Address of Principal Executive Office (Street and Number)

Honolulu, Hawaii 96813
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City, State and Zip Code

PART II--RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following
should be completed.
(Check box if appropriate)

       (a) The reasons described in reasonable detail in Part III of this form
           could not be eliminated without unreasonable effort or expense.



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12b-25.2                                                                  FORMS
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     (b)  The subject annual report, semi-annual report, transition report on
          Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion thereof, will be
          filed on or before the fifteenth calendar day following the
[X]       prescribed due date; or the subject quarterly report of transition
          report on Form 10-Q, or portion thereof will be filed on or before
          the fifth calendar day following the prescribed due date; and

     (c)  The accountant's statement or other exhibit required by Rule
          12b-25(c) has been attached if applicable.

PART III -- NARRATIVE

State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period. (Attach Extra Sheets if Needed) *See attached sheet

PART IV -- OTHER INFORMATION

(1)  Name and telephone number of person to contact in regard to this
     notification

     DONALD M. WONG                     808                 537-3981
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         (Name)                     (Area Code)         (Telephone Number)

(2)  Have all other periodic reports required under Section 13 or 15(d) of the
     Securities Exchange Act of 1934 or Section 30 of the Investment Company
     Act of 1940 during the preceding 12 months or for such shorter period that
     the registrant was required to file such report(s) been filed? If answer
     is no, identify report(s).   [X] Yes     [ ] No

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(3)  Is it anticipated that any significant change in results of operations
     from the corresponding period for the last fiscal year will be reflected
     by the earnings statement to be included in the subject report or portion
     thereof?   [ ] Yes     [X] No

If so, attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.

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                       CAPITAL INVESTMENT OF HAWAII, INC.
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                  (Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.


Date  October 28, 1999
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By    /s/ DONALD M. WONG
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      Senior Vice President
      and Treasurer

INSTRUCTION: The form may be signed by an executive officer of the registrant
or by any other duly authorized representative. The name and title of the
person signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority
to sign on behalf of the registrant shall be filed with the form.


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           Intentional misstatements or omissions of fact constitute
                Federal Criminal Violations (See 18 U.S.C. 1001).

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Form 12b-25.2 Attachment

Part III

State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q,
N-SAR or the transition report or portion thereof, could not be filed within
the prescribed time period.

The Company needs additional time to gather pertinent information to submit a
complete filing, for Form 10-K report filing for the fiscal year ended July 31,
1999.