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WILL POINT PENRHYN FOR SARATOGA DERBY New York, August 3. John A. Drake expects Penrliyn. the Planudes three-year-old he bought from Henry M. Ziegler last fall, to make good at Saratoga. 1enrhyn is eligible to the Seneca Selling Stakes and the Saratoga Derby, but it is understood to be the intention of trainer Wlshanl to pass up the Seneca and point the colt for the Derby, which Is to be decided on August 23; Among the other oligibles to this Derby are Accountant. Mohawk II., Belmcre, Ormondale, Bohemian and Bulls Eye.