`GRATEFUL DEAD' RESURRECTED

It may not be as significant as the discovery of the Dead Sea Scrolls, but a Lodi, Calif., musician is quite excited about finding the missing Grateful Dead tapes. Steve Hensley had the 36 reel-to-reel tapes stored in cardboard boxes for some five years, not knowing they were master tapes recorded by the Dead from 1969 to 1972. He bought them for $850 from a friend, thinking they were blank. Dead publicist Dennis McNally confirmed the band had been looking for the missing tapes for quite some time, and Hensley and his friend, Modesto disc jockey Dave Young, plan to catalog the tapes and then turn them over to the band, rather than try to cash in on them. "A lot of people get the impression we're getting a lot of money (for the tapes)," Young said. "But we're not. It's a moral issue. (The band) should have them. (The tapes) don't belong to anybody but the Grateful Dead and that's how we feel."