Glendening leads Steinberg in money race Other three gubernatorial hopefuls trail in fund raising

November 09, 1993|By John W. Frece and William F. Zorzi Jr. | John W. Frece and William F. Zorzi Jr.,Staff Writers

Prince George's County Executive Parris N. Glendening has raised more than $1.5 million in his bid to become the first Maryland governor from the Washington suburbs since 1867.

Among his four Democratic and Republican challengers, only Lt. Gov. Melvin A. Steinberg has raised anywhere near as much as Mr. Glendening has raised.

The Pikesville Democrat has pulled in nearly $1.2 million, according to campaign finance reports filed with the state yesterday.

The thick computerized reports from Mr. Glendening's two campaign committees show that he is relying heavily on the political largess of Maryland and Virginia developers, national investment companies and a long list of big-name Maryland companies to finance his bid for governor in 1994.

The reports also show that after expenditures, Mr. Glendening still has more than $1 million in cash in the bank -- twice as much as Mr. Steinberg.

"We have never run statewide, and we're really pleased when we have 2-to-1 money in the bank over the candidate who has run state- wide twice before," Mr. Glendening said.

Among Mr. Glendening's contributors are former Maryland Gov. Harry Hughes, Northern Virginia development tycoon John T. Hazel Jr., Baltimore contractor Victor Frenkil, Washington lawyer Robert Linowes and the New York brokerage houses Paine Webber and Merrill Lynch.

Mr. Steinberg also received early support from contractors. In addition, he listed big donors from the racing industry, the

Korean business community and pharmacists.

The pharmacies apparently are rallying behind Mr. Steinberg at the urging of the campaign's finance director, Michael G. Bronfein, who is president of NeighborCare Pharmacies.

The gubernatorial election is a year away, but candidates must formally file for office in July and compete in party primaries in September.

The three other candidates currently in the race -- Democratic state Sen. Mary H. Boergers of Montgomery County, and Republicans Ellen R. Sauerbrey, a delegate from Baltimore County, and William S. Shepard, a retired foreign service officer from Montgomery County -- reported raising much smaller amounts than Mr. Glendening and Mr. Steinberg have.

As the campaign has begun to heat up over the past year, Mr. Steinberg has run almost neck and neck with Mr. Glendening, raising $655,206 to Mr. Glendening's $679,670.

Each man has received nearly $50,000 from political action committees.

Ms. Boergers, little known outside her political base in Kensington until she launched her gubernatorial bid over the summer, reported raising $247,190.

She donated $4,000 of her own money to her campaign and lent it an additional $10,000. Otherwise, her report was loaded with relatively small donations, many of them from friends and supporters in Montgomery County.

Similarly, Ms. Sauerbrey drew heavily from her home base in Baltimore County and from Maryland business interests.

Contributors to her campaign included Maryland Chamber of Commerce Vice President Christopher B. Costello, former Black & Decker executive Francis Lucier, the Chemical Industry Council of Maryland, SCM Chemicals of Baltimore, the McCormick spice company, and at least two out-of-state pharmaceutical companies.

Trailing was Mr. Shepard, who as the Republican gubernatorial nominee in 1990 won 40 percent of the vote against incumbent Democrat William Donald Schaefer.

Mr. Shepard reported having raised $47,245 in the past year and said that his campaign has $922 in cash on hand.

Mr. Shepard is the only gubernatorial candidate who says he intends to apply for matching public funds under a 1974 public campaign financing law that is about to go into effect in Maryland for the first time in 1994. Ms. Sauerbrey has said that is still an option for her campaign.

Under the law, candidates who raise $145,000 in contributions of $250 or less from individuals may qualify for $1 in matching funds for every $2 in eligible private contributions.

From 1975 to 1981, taxpayers contributed to a Fair Campaigning Financing Fund that has never been used and now contains about $2.7 million.

GUBERNATORIAL WAR CHESTS

Of the five announced candidates for governor in 1994, Prince George's Executive Parris N. Glendening hold the lead in

fundraising.

DEMOCRATS

Glendening

AMOUNT RAISED IN PAST YEAR--$679,670

TOTAL RAISED--$1,546,064

CASH ON HAND-- $1,017,915

Steinberg

AMOUNT RAISED IN PAST YEAR--$655,206

TOTAL RAISED--$1,196,024

CASH ON HAND--$512,250*

Boergers

AMOUNT RAISED IN PAST YEAR--$216,429

TOTAL RAISED--$247,190

CASH ON HAND--$ 134,217**

REPUBLICANS

Sauerbrey

AMOUNT RAISED IN PAST YEAR--$112,746

TOTAL RAISED--$212,705

CASH ON HAND-- $ 103,151

Shepard

AMOUNT RAISED IN PAST YEAR--$47,245

TOTAL RAISED--$88,404

CASH ON HAND-- $922

* Campaign has $14,180 in outstanding bills.

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