Let (K, + ,*) be an odd order presemifield with commutative multiplication. We show that the set of nonzero squares of (K, *) is a skew Hadamard difference set or a Paley type partial difference set in (K, +) according as q is congruent to 3 modulo 4 or q is congruent to 1 modulo 4. Applying this result to the Coulter---Matthews presemifield and the Ding---Yuan variation of it, we recover a recent construction of skew Hadamard difference sets by Ding and Yuan [7]. On the other hand, applying this result to the known presemifields with commutative multiplication and having order q congruent to 1 modulo 4, we construct several families of pseudo-Paley graphs. We compute the p-ranks of these pseudo-Paley graphs when q = 34, 36, 38, 310, 54, and 74. The p-rank results indicate that these graphs seem to be new. Along the way, we also disprove a conjecture of Rene Peeters [17, p. 47] which says that the Paley graphs of nonprime order are uniquely determined by their parameters and the minimality of their relevant p-ranks.
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