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THE KENTUCKY DERBY. The twenty-ninth running of the Kentucky Derby will take place this afternoon at Louisville. It is a race that annually attracts the attention of followers of the turf the country over and this year is more open and doubtful of result than has been the case in recent years. Of the eight horses carded to start, Early, The Picket, Bourbon, Woodlake and Bad News have not started this year and their condition can only be conjectured from such training reports as havei emanated from Louisville. Early is almost sure to go to the ,post favorite. He was a good performer last year and his skillful trainer, Pat Dunne, is reported to be confident of his suqcess. The best work over the full distance is credited to The Picket, but Bad News and the McDowell pair, Woodlake and Bourbon, have shown satisfactory trials. Dan McKenna is in the list, but has not been sent to Louisville and Judge Himes did not show Derby form at Memphis. Treacy, a full brother to Wyeth, has shown nothing striking in his only start, but may be a good colt. Mr. Corrigans McGee is not in the list named to start, but he may go to the post if tKe track turns out to be good and if he does is likely to finish in the first three. The Kentucky Derby is the oldest fixture of the Western turf, having been first won in 1875 by the "red horse" Aristides. Since then it has numbered among its winners such fast and famous horses as Baden Baden, Lord Murphy, Fonso, Hindoo, Leonatus, Joe Cotton, Spokane, Riley, Halma, Ben Brush, Typhoon II., Plaudit, Lieutenant Gibson and Continued on fifth page.