2 Chronicles 1:14-17

And Solomon gathered chariots and horsemen: and he had a thousand and four hundred chariots, and twelve thousand horsemen, that he placed in the chariot cities, and with the king at Jerusalem. And the king made silver and gold to be in Jerusalem as stones, and cedars made he to be as the sycomore-trees that are in the lowland, for abundance. And the horses which Solomon had were brought out of Egypt; the king’s merchants received them in droves, each drove at a price. And they fetched up and brought out of Egypt a chariot for six hundred shekels of silver, and a horse for a hundred and fifty: and so for all the kings of the Hittites, and the kings of Syria, did they bring them out by their means.