The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1921-08-26
PLANS S1OJn SAFES
Four Traction Auto Con-
Germ to Sell Shares
OPINION OF ENGINEER
Excellent Features That Will Aid
In Building Up the
Proposition

-. ~ 81
From Tuesdays Daily
After a careful investigation Of the
financing and operating plan Of the
Four Traction Auto company, the
states securities commission have
granted the company permission to
sell its securities in the state.
The engineer for the commission
reviewed the production design being
made by the McVicker Engineering
company, Minneapolis, and passed on
it favorably. They also went over the
entire plan of operation as recon-
mended by the McVicker company
and expressed their opinion that the
entire proposition was being worked
out in a very conservative and prac-
teal way.
The financial department on the
fourth floor of the Fred kruse build
ing, r. Fowler in charge, is except
ionally busy making final prepare
tons to take care Of the subscriptions
promised and sell the securities.
AS only common stock is. being Of
fered and only in a limited amount,
the early birds are going to get the
worms, or in other words, get in on
the ground floor and help make the
Four Traction Auto company one OF
the largest and most prosperous in
dustries in the Northwest and they
will share in it's abundant profits.
A. R. Sandt, president, McVicker
kato most of this week making prep
arations with the financial depart
ment and officers of the company to
start construction of several produc-
ton model trucks.
Designing and Drafting.
The designing, drafting, pattern and
foundry work will be done in the
twin cities but arrangements are being
made to do all the machine work anu
assembling here in Mankato.
This will acQuaint the local ma
chine shops with the class of work to
be done and will almost Immediately
give employment to large number
Of men.
Until large enough production can
be maintained in the Four Traction
Auto company's own plant, which was
formerly the Mankato Knitting Mills
property, the MACHINE work, will be
thereby enabling the COMPANY to get
into production early next year, plac-
ing them on producing basis So that
the surplus earnings can be utilized
to assist the purchase ot-manufactur-
ing equipment.
In doing this the outstanding capt.
tai can be kept to a minimum and
consequently make this proposition
pay larger dividends to the investors
who get in on the ground floor.
Mr.. Sandt reports that his companr
has made exhaustive investigation in
to the market for the "Kato Four
and declare their positive conviction
that it will fulfill the demand for an
all season, all weather, any condition
truck required by passenger and
freight traffic transportation COM
panies, farmers CO. cooperative associa-
tons, State and Federal highway road
work, consolidated rural schools, farm
ers marketing live stock or operating
the field being almost unlimited.
They claim that with its many ad-
vantageous features over existing
makes of Four and Two wheel drives,
that in general it will be the greatest
truck value ever offered.
In designing the production model
all necessary features of extra
strength together with Mr.. Rosen-
bergeTs extensive experiments, have
endable and give continuous econom-
ical service which will assure sales
success.
With the four drive wheels along
with the conservative design, the ton
mile cost can be kept to minimum
since the truck will be able to carry
its capacity during all season and
over any roads.
From present indications it appears
that most of next years production of
trucks will be sold locally, that is in
Mankato and around the southern
part of the state as number of in
quiries have been received, advising
that if possible to make deliveries
next spring or summer, they would
not purchase other trucks.
Mankato IDEAL Spot.
From manufacturing standpoint
Mankato is most ideal, for it is on
Northwest, Southwest and direct in
to Milwaukee, Chicago and East. This
will facilitate bringing in raw mater
ial and shipping the finished products
to all points in the states.
A study of the geographic location
of Minnesota will convince anyone
that it is an ideal distributing state
for North America.
Preliminary work will start within
a few weeks in the local shops on the
first machines and with the initial
finances assured by prominent local
business men and residences of Man
kato, the prosperous effect of this
new industry will soon be felt.
With many skilled mechanics al
ready in Mankato, it W. be possible
to build up manufacturing organi-
cation from the ranks of the local
mechanics. However, when the plant
gets into full operation, the increased
requirement of men will bring many
new residents into the city. With the
production model being worked out
from an engineering standpoint with
many interchangeable parts, and as
the manufacturing equipment will be
such that unskilled labor can be used
to a great extent, the company will
not have to depend on importing
skilled labor which has always proven
costly and unsatisfactory.
1t is planned that the pay will be
on the contract bonus system whic
has always proven\ very satisfactory
and the amount of wages received by
the men will be entirely dependent
on their daily production and the in
terest they take in the work they are
doing. @H%EHNEAs
Work on the buildings will start
Immediately to get them, in shape so
that the extra space which will not
be required for a year or so can be
rented out to other manufacturing in