Typed onto a piece of paper attached to the image: "New York hails heroes of World Flight, New York City --- In the greatest reception since Lindbergh's, Howard Hughes and his gallant companions paraded up Broadway today, almost smothered beneath New York's ticker-tape accolade recognizing their record-smashing world dash. Here's Hughes, (center back, seat), gazing up the tons of torn paper fluttering down on him and his comrades, following in the car behind. Beside Hughes on the left is Grover Whalen, head of the New York World's Fair, 1939. Credit Line (ACME) 7/15/38."

Howard Hughes sitting on a bed.

Description printed on photograph's accompanying sheet of paper: "Hughes waves to cheering million. New York City--- Clean-shaven once more, Howard Hughes smiles his gratitude to the millions of New Yorkers who showered him with ticker-tape and torn paper--New York's own accolade, as paraded up Broadway, followed by his companions in the carbehind in the greatest reception since Lindbergh's. On the left is Grover Whalen, head of the New York World's Fair, 1939, and on the right, Al Lodwick, manager of the round-the-world record smashing flight. Credit Line (ACME) 7/15/38."

Press release quoting Bob Paige announcing Howard Hughes' acquistion of the Sands Hotel in Las Vegas.