Problem with the_content()

In my page.php template, I want to show the post for the current page in one column and in a second column, I want to show several articles from a selected category. But I only want the part of the article before the more link.

No matter what I try, the second loop always posts the full article

<td class="left">
    <?php if (have_posts()) : while (have_posts()) : the_post(); ?>
    <h1><?php the_title(); ?></h1>
    <?php the_content(); ?>
    <?php endwhile; else: ?>
    <p><?php _e('Sorry, no posts matched your criteria.'); ?></p>
   <?php endif; ?>
</td>
<td class="right">
  <?php query_posts('category_name=home&showposts=5&order=ASC'); ?>
  <?php while (have_posts()) : the_post(); ?>
  <h3><?php the_title(); ?></h3>
  <?php the_content(__(" more...")); ?>
  <?php endwhile; ?>
</td>

Again, the problem with the second loop is that I always get the full post. I want just the post up to the more link.

And I have checked, each post in that category has a more link.