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Market Price . — The present price of cloves (Oct.. 
1923) in Penang is $110.00 per pikul. 
The most recent London market price (Sept. 1923) 
for Penang cloves is 2s. 6eL to 3s. per lb., and Zanzibar 
cloves from Is. 2d. to Is. 5 d. per lb. The oil is 
quoted at about 7s. 6d. per lb. 
General . — The cloves of Penang have always been 
highly valued, and have maintained their superiority 
from the commencement of the cultivation in 1798 
to the present day, although the exports from this 
country are now comparatively small. 
Zanzibar is now the greatest clove producing coun- 
try, exporting over 9,000 tons annually. The market 
value of the Zanzibar cloves, however, is less than 
that of those exported from Penang. 
NUTMEGS. 
( M yristica fragrans ) . 
The nutmeg is a bushy tree about 30 to 40 feet in 
height, a native of the Moluccas, and introduced 
into Penang in 1798. The tree is cultivated for the 
nutmeg and mace of commerce, the chief countries 
in which it is grown being Banda, Sumatra, Java, 
Amboyna, Penang, Celebes, the Moluccas and the 
West Indies. 
Nutmeg Industry in Penang. — The industry in 
Penang, which is now entirely in the hands of 
Chinese and Malays, is of considerably less impor- 
tance than formerly, the plantations both in Penang 
and Province Wellesley having been gradually 
replaced by coconuts and, during more recent years, 
by rubber. 
