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When I first acquired this fob, I thought it was related to the shipping industry in Stockton, California.
I later found out it was a commemorative for the 14th National Convention of the 20-30 Club in Stockton, California Sept. 3-4-5-6, 1936.
A Organization of men between the ages of 20-39 with the purpose of helping their community.
From one of the chapters web site:
Active 20-30 International had its actual beginnings in 1922 when young men in two widely separated communities of the United States saw the need for a service club for young men. They found that established service clubs were dominated by older men, run by older men and whose officers were invariably much older men.

This realization led those groups of ambitious young men to stray away from existing groups and organize a club of their own -- a club wherein young men would have a chance to engage actively in service to their communities; a club where young ideas, backed by enthusiasm and the energy of youth, could share in civic responsibilities on an equal basis with clubs composed of older men.

These pioneers of two young men's service clubs were located in Aberdeen, Washington where Active International was formed and in Sacramento, California, where 20-30 International had it's beginnings.

The fob, with the ship on it, is showing one of the industries which Stockton, Ca. is noted for.
The Port of Stockton is a major inland deepwater port in Stockton, California located on the San Joaquin River before it joins the Sacramento River to empty into Suisun Bay. It is approximately 75 nautical miles east of the Golden Gate Bridge.
In 1846, the first cargo boat ascended the San Joaquin River. In 1848, John Doak established the first ferry service on the river, and the first freight vessel, the sloop "Maria," visited Stockton. In 1849, Doak brought lumber from San Francisco to Stockton and began a lumber business. By the 1850s, the Port had become a center of commodity shipping and the supply center for the goldfields. By the 1860s, the region saw a decline in gold production and an increase in agriculture.
The first dredging contracts for the Stockton Deepwater Channel were awarded in 1930. The Port District officially opened in 1933.

The 3rd photo above shows the Stockton channel in 1855.
The 4th photo shows a more recent on-line image of the port of Stockton.
The fob was manufactured by Greenduck Co. Chicago.

Thanks for looking,
Dave