Press release attached to back of photo: "A roughneck fits a new Hughes Jet bit into the drill collar preparatory to running the drill stem into the hold. In 1953 more than 500,000 rock bits produced by the Hughes Tool Company of Houston, Texas, were used in the United States alone. The invention of the rock bit by Howard R. Hughes, Sr., made it possible to drill far deeper into the earth beyond the shallow oil deposits which are now practically exhausted. Without rotary drilling equipment of this kind the world might revert to a horse and buggy economy."
A section of Howard Hughes' "Spruce Goose" or "Flying Boat" being moved (with a police escort) from the Hughes Aircraft plant in Culver City, California to Terminal Island in the Los Angeles Harbor where the plane was assembled in June of 1946.
Description printed on photograph's accompanying sheet of paper: "Gen. view parade: As globe fliers braved Broadway blizzard, New York. Although they didn't encounter a single snowflake on their roaring dash across Siberia, Howard Hughes and his four-man crew met a regular blizzard (of Broadway ticker tape) today as New York paid them homage as only New York know how. This is a view of the scene as the triumphal procession proceeded from the Battery to City Call. In the car are (left to right) Grover Whalen, President of the New York World's Fair, Howard Hughes and Al Lodwick, his press representative. (w) 7-15-38.30."