About fifty years ago a ship was lost between Rathmoylan and Ballymacaw cove. It was called the Venus Bee. It was lost in a hole since been called the wrack hole. It had a general cargo.
Some of the things included all sorts of Delph crockery ware timber and barrels of whiskey. There was crew of over thirty on her. A man by the name of Jim Gough was the first to see her. She was driven into the hole by a huge wave. Another wave dashed her against a rock and she broke in two. The bow as swept up on the cliff and the stern stayed in the water. All the crew were on the stern and they were all drowned. Many people in Bally-