Economic Impacts: Prices
			- Extraordinary rise - A plot of San Francisco real estate that cost $16 in 1847, sold for $45,000 just 18 months later.
	- Transportation: “Some of the passengers paid as high as forty dollars for the use of a mule to ride twenty-five miles, when the mule would not have sold for ten dollars in that market at other times.” ~U.S. Grant
			- “Prices for all kinds of supplies were so high on the Pacific coast from 1849 until at least 1853—that it would have been impossible for officers of the army to exist upon their pay, if it had not been that authority was given them to purchase from the commissary such supplies as he kept, at New Orleans wholesale prices. A cook could not be hired for the pay of a captain.” ~U.S. Grant
		- “Every day was developing new and richer deposits; and the only impression seemed to be, that the metal would be found in such abundance as seriously to depreciate in value.” ~ Richard Barnes Mason
					- Supply and Demand: “Flour is already worth, at Sutter’s, 36 dollars a-barrel, and will soon be 50. Unless large quantities of breadstuffs reach the country much suffering will occur; but as each man is now able to pay a large price, it is believed the merchants will bring from Chili and the Oregon a plentiful supply for the coming winter.” ~Richard Barnes Mason
PROCEED.