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RESERVE RIP RAP FOR DERBY PIMLICO. Md.. May 7.— Max Hirsch decided to reserve his good three-year-old, Kip Uap, for the Kentucky Derby, and this accounts for his being an absentee from the entries in the Preakness Stakes Monday. Kip Kap will be loaded on an express car Sunday and shipped to Churchill Downs. He will be accompanied by Filette. Jockey Steve ODonnell leaves for Louisville Tuesday. He will have the mount on Kip Pap in the Derby.