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NED REIGH COUGHING LOUISVILLE, Ky., April 29— The cold I contracted by Ned Reigh while in shipment ! here from New York has settled in his throat and now threatens to so seriously interrupt his training that he may not resume racing in time to fill his Preakness Stakes engagement. Sent here to start in the Kentucky | Derby, the W. S. Kilmer three-year-old un-I loaded with a temperature. As the fever decreased, he developed a cough and his throat has become quite irritated today.