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PRANCING PRINCE DEAD NEW ORLEANS, La., Dec. 9. Prancing Prince, which has been ailing since his arrival from Kentucky, succumbed to pneumonia at the Fair Grounds track Monday night. Prancing Prince was. a. bay gelding, four years old, by Granite Galloping Queen and was owned by J; H. Louchheim of Philadelphia, and trained .by J. S. Ownbey.-His last winning performance was at Chuf chill Downs, October 2S.