Three settlements were principal beneficiaries of the Gold Rush.
Illustration XIII: Montgomery Street, San Francisco, 1852. Halftone reproduction of lithograph. Lot 9603. LC-USZ62-55762. #3645
Inland, two smaller and newer towns also reaped the profits of the boom. Johann Sutter had dreamed of a town called "Sutterville" that would make him rich. Instead, squatters and businessmen overran his property on the Sacramento River, and the city of Sacramento was born. It served as the trading center for the Northern Mines and even became the state's capital. Sacramento's significance in the state's economy was reflected when it was chosen as a terminus for Pony Express riders and the depot of the state's first railroad. As the Southern Mines below the Mokelumne became a force, a ranch at the junction of the San Joaquin and Calaveras Rivers gave birth to a settlement first called Tuleberg and then rechristened Stockton. Gateway to the mines on the Calaveras, Stanislaus, Tulomne, Merced, and Mariposa Rivers, Stockton grew quickly.Next: From Gold Rush to Golden State || Previous: The Mines