Here's a vintage University of Texas mini pennant. It measures approximately 9.5 inches long.

These were given out as a promo item with cans of Hormel products in the 1950's. 

There is some fading and wear as well a couple of small light colored spots above the lettering. 

If you buy multiple items, I'm more than happy to combine shipping. Please wait for me to send you an invoice before you pay so I can adjust the shipping charge. Thank you.