Typed onto a piece of paper attached to the image: new York Hails Hughes and Companions, New York City --- In the greatest reception since Lindbergh's, Howard Hughes and his four gallant companions paraded up Broadway July 15 almost smothered beneath Manhattan's ticker tape accolade recognizing their record-smashing Round-the-World flight. This picture shows Hughes, center, waving to the cheering thousands. On the left is Grover Whalen, commissioner of the New York 1939 World's Fair and on the right is Al Lodwick, Hughes' flight manager. 7-15-38. Credit Line (ACME)."
Description printed on photograph's accompanying sheet of paper: "Howard Hughes receiving the plaudets of the crowd during his reception in New York City. 7-15-38 (Press Association)."
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."
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."