{"product_id":"texmass-petroleum-company-bond-from-1958","title":"Texmass Petroleum Company Bond from 1958","description":"\u003cp\u003eThis is an original bond from Texmass Petroleum Company, dated 1958 printed in green. Features a vignette of an eagle on top.\u003c\/p\u003e\u003cp\u003eThis certificate was issued and signs of age and handling consistent with a 60-year-old financial instrument. Handwritten notations appear on the top margin. \u003c\/p\u003e\u003cp\u003eIn 1958, Texas was riding the crest of a post-war oil boom that transformed the Lone Star State into America's petroleum powerhouse. Texmass Petroleum Company operated during this golden age of Texas oil, when new drilling technologies and offshore discoveries in the Gulf of Mexico were driving unprecedented growth. \u003c\/p\u003e\u003cp\u003eThe company's bond documents reveal plans to change its name to Texas Consolidated Oils, reflecting the era's widespread consolidation as independent operators merged to compete with major integrated oil companies like \u003cstrong\u003eTexaco\u003c\/strong\u003e and \u003cstrong\u003eHumble Oil\u003c\/strong\u003e. This 4¼% interest rate bond, due January 1, 1965, captured the investment optimism of the early 1960s, when petroleum securities offered attractive yields to fund exploration in promising Texas basins from the Permian to East Texas.\u003c\/p\u003e\u003cp\u003eOil and gas bonds from the Texas boom years remain popular with collectors who appreciate both the industrial heritage and the state's legendary petroleum history. Offered as a collectible.\u003c\/p\u003e","brand":"Ticker History","offers":[{"title":"Default Title","offer_id":52537950896415,"sku":"OIL-TP-BI-GRN-1961-001","price":69.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0836\/8757\/1743\/files\/texmass-petroleum-company-bond-1961-front-1.jpg?v=1778643596","url":"https:\/\/shop.tickerhistory.com\/products\/texmass-petroleum-company-bond-from-1958","provider":"Ticker History","version":"1.0","type":"link"}