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: "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."

Typed onto a piece of paper attached to the image: "Howard Hughes at the microphone, during his brief address at Official Municipal welcoming ceremonies in the Council Chamber at City Hall. In his speech, Hughes disclaimed credit for the flight and heaped praise on the "men who designed and perfected to its present remarkable state of efficiency, the modern American flying machine and equipment." New York, New York."

The black and white view of Grover Whalen (left) and Howard Hughes (right) enjoying the attention from a crowd of thousands of people who attended a parade that celebrated Hughes' completion of his Round the World flight in New York City.

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."

Howard Hughes (center) is escorted into the lobby of the Rico Hotel, Houston, Texas