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H0LLYR00D OUT OF DERBY f s t LEXINGTON, Ky., April 27. Hal Price Headley returned to Beaumont Farm last night from New York and today stated that Hollyrood would -not be a starter in the Kentucky Derby and that he would continue his training at Jamaica. Headley was very much impressed with the running of Granville in the Wood Memorial and has the idea that he may be a troublesome horse in the Derby at Churchill Downs next Saturday.