DAVE AMOS SLOGS through the mud on the family farm with inner tubes Mount St. Helsn Sunday, it buried all 118 acres of his grazing land in what strapped to his feet. "We've always get a lot of water here," said his father, like liquid concrete. Jesse. When volcanic ash, logs and mud came down the Cowlitz River from Searchers comb volcano area From APand UPI TOLEDO, Wash.-National Guard helicopters hovered in the ashen hills beneath Mount St. Helens yesterday, futilely looking for 71 persons missing since last weekend's catastrophic ex- plosion./ "Nothing," said Sgt. Dave Brocious, a National Guard spokesman. - THE MOUNTAIN, meanwhile, quited down after considerable rumbling following the blast of hydrogen bomb force Sunday that leveled 150 square miles of trees and sent a cloud of volcano ash over most of the United States. Preliminary estimates of damage from the Mount St. Helens eruption reached $1 billion: $400 million to property, $200 million to forests, from $150 million to $200 million to agriculture and farm equipment, $50 million to roads and bridges, and at least $15 million more needed to dredge the Columbia River,w hich was made impassable to large ships. With 17 known dead, the search and rescue teams had 15 acres pinpointed that officials speculated could yield more bodies, said U.S. Forest Service spokesman Joe Nadolski. FOR THREE DAYS, the dead were left where they fell, while searchers, concentrated on finding the living. Now the dead are being pickup up. The 17 bodies were brought to a makeshift tent morgue at the Toledo Airport, then tur- ned over to coroners. "We have some hope that people may be alive out there, but that's slim," said Gene Smith, coordinator of the search for the Forest Service. He said every report of tracks in the ash "had led to nothing." BUT SGT. CHUCK Foster, a National Guard spokesman who lives at Silver Lake down from the mountain, said "If someone was on high ground and got to the backside of the hills facing away from the mountain, there is a darn good chance they survived," he said. The latest survivors airlifted out were a dog and three puppies that were found Thursday next to the bodies of two persons. JACK HYDE, A U.S. Geological Sur- vey researcher who has specialized in studying Cascade volcanoes, said Sun- day's eruption was one of the three most violent in Mount St. Helens' 40,000- year history. 4 Inflation rate eases prime rate falls again (ContinuedfromPage 1) "I think consumers have learned rates substantially lower, the chairman their lesson," Miller said. "They have of the House Banking Committee said learned their lesson that you don't have yesterday. to'just keep borrowing for fear there's Rep. Henry S. Reuss (D-Wis.), said no tomorrow, because there, is a an unpublished survey by the Federal tomorrow ... I think the lesson itself is Reserve for the first three months of that if we're more prudent, things get 1980 show that 66.96 per cent of business better." loans made by "large New York He said the credit control program banks" were below the prime rate. imposed by the Federal Reserve Board' THAT COMPARED with 28.85 per and the. Carter administration on Mar- cent below-prime rate loans in the last ch 14 has worked, and suggested it is no quarter of 1979, he said. longer needed. The board dismantled a Reuss charged that by posting prime major portion of the program Thur- rates in the 20 per cent range but ac- sday. tually charging large corporate borrowers as little as 14 per cent, the The increase in the Labor Depar- big banks unfairly discriminated tment's Consumer Price Index was the against others- whose interest rates smlallest since January 1979 and were computed from the posted prime. marked the first substantial drop in the "The prime rate is supposed to nation's inflation rate since late 1978. represent what banks charge their Department analysts said inflation biggest customers," Reuss said. "Why might show further easing in May. did the big New York banks, apparently Consumer prices had been jumping acting in unison, kid the world by by 1.4 per cent a month since January posting a phony prime rate? of this year - equal to a near-record 18 MEANWHILE, Treasury Secretary per cent annual inflation rate. William Miller announced yesterday April's price rise, if it were to con- that consumers have done their job in tinue at that pace for a full year, would curbing buying and borrowing and can translate into an 11 and one-half per resume spending as usual. cent annual inflation rate. That's still a very high level by historic standards, but a sharp improvement relative to the REDUCEDC V E R inflation that has been battering con- & PITCHERCHsumers since late last year. SUNDAY NIGHT White House press secretary Jody Powell called the report "extremely good news" for consumers and business. Sunday is SPAGHETTI NIGHT at Rick's "All the pasta you can eat-only $2.50" MONDAY- BURRITO FrIHT-$1.25) 5-Closing Tonight's Entertainment- PRISMATICI