Fred Smith raised $690,922 by the end of 2007.

The Republican gubernatorial candidate raised $632,984 from larger donors, including state Rep. Carolyn Justice, Raleigh attorney Perry Safran and developer Andy Ammons, according to a campaign finance report filed with the State Board of Elections today.

He raised $28,823 from donors who gave less than $50; $14,500 from political action committees, including Progress Energy, Wachovia and Wal-Mart; and $14,500 from political campaigns, including state Reps. Mitch Gillespie and Leo Daughtry.

In addition, he loaned his campaign $1.9 million.

At the same time, Smith spent $1.5 million on barbecue, renting facilities for campaign events, production of television ads, consultants, signs and bumper stickers.

That left him with $1.1 million in cash on hand at the end of the year.

State Sen. Janet Cowell said she raised close to $100,000 for her campaign for state treasurer.

The fundraiser was held at the home of Susan and Perry Safran of Raleigh on Thursday. Among those attending were former Attorney General Rufus Edmisten and Jim Goodmon, the chief executive of WRAL-TV, Rob Christensen reports.

Cowell is one of several people seeking the Democratic nomination for treasurer.

The incumbent, Richard Moore is running for governor.