1 Kings 10:26-29

²⁶And Solomon gathered together chariots and horsemen: and he had a thousand and four hundred chariots, and twelve thousand horsemen, that he bestowed in the chariot cities, and with the king at Jerusalem. ²⁷And the king made silver to be in Jerusalem as stones, and cedars made he to be as the sycomore-trees that are in the lowland, for abundance. ²⁸And the horses which Solomon had were brought out of Egypt; and the king`s merchants received them in droves, each drove at a price. ²⁹And a chariot came up and went out of Egypt for six hundred [shekels] of silver, and a horse for a hundred and fifty; and so for all the kings of the Hittites, and for the kings of Syria, did they bring them out by their means.