▁the ▁area ; ▁and ▁mill s ▁fl our ished ▁along ▁the ▁Royal ▁River , ▁providing ▁services ▁such ▁as ▁iron - f org ing ▁and ▁full ing ▁cloth . ▁ ▁Sh ip building ▁ ▁Mar itime ▁activities ▁were ▁important ▁from ▁the ▁beginning ▁of ▁the ▁third ▁settlement . ▁Al most ▁three ▁hundred ▁vessels ▁were ▁launched ▁by ▁Y arm outh ' s ▁ship y ards ▁in ▁the ▁century ▁between ▁ 1 7 9 0 ▁and ▁ 1 8 9 0 . ▁L umber ▁from ▁in land ▁areas ▁was ▁sh ipped ▁out ▁from ▁the ▁har bor . ▁V ess els ▁were ▁being ▁built ▁by ▁ 1 7 4 0 , ▁and ▁by ▁ 1 8 1 8 ▁ship building ▁in ▁the ▁area ▁was ▁in ▁full ▁swing , ▁though ▁Y arm outh ' s ▁industry ▁pe aked ▁in ▁the ▁ 1 8 7 0 s , ▁and ▁decl ined ▁rapidly ▁shortly ▁there after . ▁Four ▁major ▁ship y ards ▁built ▁vessels ▁during ▁this ▁period . ▁On ▁the ▁western ▁side ▁of ▁the ▁river , ▁Henry ▁H utch ins ▁and ▁Edward ▁J . ▁St ub bs ▁operated ▁from ▁ 1 8 5 1 ▁to ▁ 1 8 8 4 . ▁S ylvan us ▁Bl anch ard ▁and ▁his ▁three ▁sons ▁owned ▁the ▁Bl anch ard ▁Brothers ▁ship yard ▁on ▁Union ▁Wh arf . ▁L yman ▁F ess enden ▁Walker ' s ▁( b . ▁ 1 8 3 6 , ▁d . ▁ 1 9 2 0 ) ▁ship yard ▁launched ▁forty ▁vessels ▁of ▁all ▁sizes . ▁( W alk