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Preheat the oven to 350 degrees. Spray an 8-1/2 by 4 1/2-inch loaf pan with cooking spray and set aside.*
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Sift the dry ingredients (flour through ground cloves) into a medium bowl. Set aside.
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Combine the butter, brown sugar, molasses, eggs, and vanilla in a large mixing bowl and stir until well combined.
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Stir in half of the dry ingredients until just combined, then stir in half of the water. Repeat, stirring just until the batter is smooth.
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Pour the batter into the prepared loaf pan and bake 40 to 50 minutes, until a toothpick inserted into the center of the loaf comes out clean.
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Cool in the pan for 20 minutes, then carefully remove to a wire rack to cool completely before glazing.