Financial Assessment and Business Scheme Report Referencing Mr. Jinnah's Potential Offer for The Sunday Standard

Sub title : Recommendations to Messrs Hormusji Cawasji Dinshaw & Sons Regarding Newspaper Liabilities

Subject: M.A. Jinnah | Business Investment | The Sunday Standard | Newspaper Finance

Date of publication: 1940

Language: English

Page: 5 p.

Source: National Archives of Pakistan

Serial no: 28595

Keyword: Jinnah -- Business Investment -- The Sunday Standard -- Newspaper -- Mehta Dhanbhoora & Co. -- Hamilton -- John Dickinson | Bank of India -- Union Bank -- Chamarbaugwala -- Debentures -- Liquidation | Financial Assessment -- 1940 -- Bombay -- Business Scheme -- Accountants' Report

Abstract: This collection comprises a financial assessment report from Mehta Dhanbhoora & Co., Registered Accountants, to Messrs Hormusji Cawasji Dinshaw & Sons regarding "The Sunday Standard" newspaper. The document evaluates Mr. Hamilton's proposed scheme, analyzes production costs, advertising income, and expenses, and makes specific reference to "If Mr. Jinnah gives any offer upto Rs.3,50,000/- or thereabout say before the 15th of this month he may accept same" as a recommended course of action. The report includes detailed calculations of liabilities to John Dickinson, Bank of India, Union Bank, and other creditors, with alternative proposals for the newspaper's future.

Description: This financial document provides rare insight into M.A. Jinnah's potential business interests outside politics, mentioning him as a prospective investor in "The Sunday Standard" newspaper with an offer of up to Rs 3,50,000. The detailed accountants' analysis reveals the complex financial situation of the publication, including liabilities to multiple creditors, and outlines alternative schemes for its future operation. The reference to Jinnah in this commercial context demonstrates his standing as a figure of financial substance whose potential investment was considered significant enough to shape the accountants' recommendations to the current owners. SCANNED BY: NATIONAL ARCHIVES OF PAKISTAN.

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