CRICKET.

Waikato Times, Volume 107, Issue 17990, 8 April 1930, Page 2

CRICKET.

MORRINSVILLE V. THAMES

VICTORY FOR THE LATTER.

An all-day match was played at Morrinsvilie on Saturday between Morrinsville players and a team from the Thames Club.

The following were the scores: —

MORRINSVILLE. —Ist innings. Mallett, b Fox ; 20 Dodd, m Brockenshaw 0 Stirling, b Brockenshaw 10 Aitken, b 'Fox 1 Jones, b R. Buchan ?.... 10 Scott, st. TwenLyman, b McDonald 6 Cooper, not out 24 Ensor, b R. Buchan 7 McPherson, b R. Buchan 0 Chase, b R. Buchan 0 •Mclntyre, b J. Buchan 5 Extras 9 Total 101 2nd innings. Malleti, c. Mills, b Brockenshaw 1 Dodd, c Fox, b McDonald 8 Stirling, c Buchan, b Fox 9 Scott, c Buchan, b McDonald . . 2 Coo-per, b Wells 10 Aitken, b Buchan 0 Jones, b Wells ■„ 11 Ensor, c and b’ Brockenshaw' . . 1 McPherson, c and b Wells .... 0 Chase, not out 4 Mclntyre, c Twentyman 9 Extras .. 9 Total 64 THAMES.—Ist innings. R. Buchan, b Mclntyre 4 j E. We115,.1.b.w., b Mallett 20 Sowerby, c Cooper, b Stirling . . 0 j Stratton, b Mallett 15 1 Twentyman, c Cooper, b Mallett 2 J F. Buchati, b McPherson 1 j G. Buchan, o Stirling, b McPherson 32 j Fox, b McPherson 0 j McDonald, c Mclntyre, b Stirling 5 i Brockenshaw, not out 13! Hart, c Cooper, b McPherson . . 1 Extras 4 Total 97 2nd innings. G- Buchan, run out 5 F. Buchan, c Cooper, b McPherson 27 B’ox, c Cooper, b Stirling 0 Wells, c Dodd, b Stirling 2 R. Buchan, not out 7 Brockenshaw, not out 32 Extras 5 Total for four wicket's 78 PIAKO V. THASIES B. Piako played the Thames B team at Te Aroha on Saturday afternoon, victory going to the former by one run on the first innings. In the second innings Thames scored 92, and Piako lost 6 wickets for 72. Following were the scores: — PIAKO.—Ist innings. Carroll, b Billings 5 Sommers, retired 25 W. Carroll, c Billings 7 L. Stone, b Billings 20 Brady, c Kenny 1 D. Ayres, b Kenny 10 Burke, b Billings 15 Scott, b Condy 1 Caseldine, b McPherson 3 Montague, not out 0 C. Stone, b Billings 0 Extras 13 Total 100 THAMES B—lst Ifinings. Smith, b Stone 16 McMillan, b Sommers 3 Wright, b Sommers 12 Billing, b Caseldine 4 Wayre, b Sommers 3 White, b Sommers 5 Condy, b Sommers 1 Kenny, not- out 22 Hedge, b Stone 2 Gill, b Stone 8 McPherson, b D. Montague .... 7 Extras 16 Total 99 EXCHANGE RATES REVISED LONDON ON NEW ZEALAND. P ' REDUCTION OF 32s 6d PER CENT. Advice has bpen received that the rates quoted by the associated banks in London for exchange on London were revised as from April 3, the new tariff being:— Buying. Selling-. On demand .. £93 17 6 £95 0 0 30 days .... 93 6 3 00 days 92> 15 0 90 days 92 3t 9 120 days 91 12 6 Tiele. transfer .. The quotations are all £1 12s 6d lower than those introduced on March 19, the alterations being complementary to the change in the New Zealand quotations published on April 3. The tariff for Australia was revised on March 25, the buying rates being then reduced by £2 7s 6d per cent, and the selling rates by £2 12s Gd. From December 12 until , last month the banks in London bought and sold New Zealand exchange at the same rates as Australian; the alterations last month created a margin of 10s in favour of New Zealand and this has now been increased to 25s in the buying rates and 30s in the selling rates. In New Zealand the banks are buying sight bills on London at 37s 6d below , the Australian quotation and selling i drafts at 33s 9d lower, the telegraphic rate being 30s lower in New Zealand than in Australia. ' IiVSRORTERS’ DIFFICULTIES. The way of the importer in Australia is hard, but traders in New Zealand are rather expecting difficulties additional to the already high rates of exchange, says the Evening Post. Some houses are in doubt about the banks continuing to finance imports on the principal of cash-against-documents. The usual procedure is that United Kingdom exporting houses draw against the merchant in New Zealand for cash, against documents covering the goods imported.. But some local merchants expect the I- toe-hanks-will take the stand that a'letter of credit is established ih'-s will not be permitted. Banks, in any case, closely scrutinise purposes for which letters of credil are requested, hut never more closely than at the present time. Until the position of Australian and ! New Zealand funds in London materi- j ally improves it is expected that letters j of credit will become more difficult to j establish except for what the banks j will construe as essentials. Moreover, it Is not improbable that the rate of j exchange, In so far as Importing is concerned, may advance beyond the current high premium of 5 per cent, for - laiccrabhle transfers*