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Incumbents Top Candidates In Fundraising

By Jonathan A. Lewin

Incumbents Sen. Edward M. Kennedy '54-56 and Gov. William F. Weld '66 raised more money in the last three months for their races than did their rivals.

In the governor's race, Weld had $368,202 in cash on July 15, whereas Democrat Mark Roosevelt '78 had $29,187.

Roosevelt, a Boston state representative, raised only $8,039 during the first two weeks of July and spent twice as much.

State Sen. Michael J. Barrett '70 (D-Cambridge) raised $11,897 and spent $40,808 in the same period.

Former state Sen. George Bachrach (D-Watertown) raised $3,940 and spent $17,408 the Boston Globe said.

In the same period, Weld raised $95,052 and spent $46,436.

Roosevelt told the Globe that his contributions were artificially low because his campaign had not known that the reporting period had changed from a month to two weeks on July 1.

Ted Hoof, Roosevelt's finance chair, said that the campaign had raised $30,000 as of last Thursday and that the figure would exceed last month's by $55,000.

Since April 1, Roosevelt's campaign has raised $130,970 but has spent $196,943.

Kennedy made $1,106,915 between April 1 and June 30, raising his cash on hand from $2.8 million to $3.3 million.

Kennedy, who has raised $2,052,083 this year, has embarked upon a massive television advertising campaign with his funds. Pollsters say that move has enhanced his lead over the Republican candidates.

John R. Lakian, who lost the Republican nomination, raised $588,596, much of it in loans, but spent $604,676 in the quarter. His campaign had only $5,071 on hand at end of the period.

Some $500,000 of Lakian's funds were listed as receipts from Lakian himself. He raised $29,524 in the second quarter, bringing his total for the half-year to $114,516.

Republican Mitt Romney, winner of his party's Senate nomination, brought in $801,959 in contributions. His campaign had large operating expenses of $1,404,019 and ended the period with $580,136 on hand.

Romney has raised $1,269,875 this year.

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