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Valtos was already an important fishing station, with a salt cellar, when in 1824 it was decided by the estate (under Mr Stewart Mackenzie) that a pier was needed, if the fishing was to be properly exploited. The cost of the pier was estimated at 150 and it was not constructed until several years later. The pier has since been rebuilt and improved.
The number of boats registered to Valtos give an indication of the significance of the industry to the area. In 1892, there were 32 boats in Valtos, employing 120 fishermen, making it the second largest fishing centre in Uig, after Carloway. Certainly the success of the fishing prevented Valtos from being cleared for sheepfarming in the 1840s.