Description given with photo: "Before Surprise Flight, Long Beach, Calif.: No longer land-locked, Howard Hughes' 200-ton flying boat, world's largest plane, rides free in Los Angeles harbor after being floated for the first time. The builder and pilot later took the controversial plane into the air for a surprise one-mile flight during taxing trials. Credit (ACME) 11-3-47."
Transcribed from attached press release: "LITTLE BIT Only an inch and a quarter in diameter, this "microbit" enables engineers at the Hughes Tool Company, Houston, Texas, to estimate the performance of full-size bits for the oil drilling industry. The company operates the largest testing laboratory of its kind anywhere in the world and produces thousands of rock bits necessary to drill deeper and deeper as the world's shallow oil wells have become exhausted. Howard Hughes terms the Hughes Tool company the "keystone" of his industrial empire."
The black and white view of a crowd of people gathering to greet Howard Hughes at Floyd Bennett Field Airport in New York. Typed onto a piece of paper attached to the image: "17. Rail birds, part of crowd that waited all nite. International news. (Evening Herald)."