Senator John McCain’s campaign had its best fund-raising month ever in July, taking in $27 million. It was the fifth straight month in which contributions have increased.

Rick Davis, the campaign manager, said Friday that the campaign had $21.4 million in cash on hand, slightly less than the $27.6 million that it had at the end of June. In June, the campaign raised $22.2 million.

Bill Burton, a campaign spokesman for Senator Barack Obama, said Mr. Obama would report his July totals soon, perhaps as early as Saturday. Mr. Burton would not comment on what that number might be.

In June, Mr. Obama raised $54.3 million, and his campaign ended the month with $71.6 million in cash. To date, he has raised $349 million, and he has been on a whirlwind schedule of fund-raisers the last month.

Mr. Obama faces greater fund-raising pressure because he is the first presidential candidate of a major party to opt out of the public financing system for the general election and will rely entirely on donated money. Mr. McCain has not opted out, and will get $84 million in public money after his party’s convention in early September.

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