Typed onto a piece of paper attached to the image: "New York Acclaims World Fliers, New York City --- Looking up Broadway during the ticker-tape reception accorded Howard Hughes and his four companions in recognition of their Round-The-World record-smashing flight. The dense crowd which lined both sides of the through fare has closed in behind the parade, while further ahead fresh showers of torn paper flutter down on the motorcade. 7(3/4)-15-38. Credit Line (ACME)."
Description given with photo: "Losing Money on Flying Boat, Says Hughes, Culver City, Calif.: Howard Hughes (center, facing camera) makes his first appearance before the press since the start of the senate investigation into his multi-million dollar plane contracts. Hughes said the government is getting its $18,000,000 worth out of his big, eight-engined flying boat but he's losing money. the plane has yet to be flown. Credit (ACME). 7-30-47."
Typed onto a piece of paper attached to the image: "Howard Hughes is welcomed by New York on return from Round the World flight. Grover Whalen is on the left. 7/15/38."