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TIMEFULS DERBY STATUS LOUISVILLE, Ky.f April 18. Whether the Louisville-owned Timeful, which races under the silks of Theodore E. Muellers Shady Brook Farm, will be a starter in the Kentucky Derby on May 6 at Churchill Downs will be demonstrated by his progress between now and the time for the big race, said his trainer, George Brooks. Timefiil turned in a splendid effort in winning a recent engagement in the mud at Keeneland and this performance considerably enhanced his position as a Derby candidate. Timeful is to be returned to Churchill Downs the end of this week and he may be a starter in the Derby Trial Stakes here on May 3.