Bandits rob the Exchange State Bank at Wykoff. The bandits enter the town in the middle of the night, cut all telephone and telegraph wires, and then blast open the bank's safe. Apparently frightened during the burglary, the thieves leave hurriedly, taking only $500 and leaving another $500 as well as some of their tools behind.

The Oliver Iron Mining Company is organized to work the Iron Range. It would eventually own nearly all of the mines in the range.

The South St. Paul livestock market opens, and 363 cattle are sold the first day.

The Czecho-Slovanic Benefit Society, known as CSPS, a free-thought fraternal organization, is formed in St. Paul.

Captain Seth Eastman begins the first of his four commands at Fort Snelling, this one lasting until October 26. An artist and former instructor of drawing at West Point, Eastman would record in his paintings images of the fort, traditional Dakota ways, and frontier life.

The library of the Ramsey County Medical Society is established when Dr. Eduard Boeckmann donates the profits from his development of an improved method of preparing catgut for surgical use.

Soldiers under General Henry H. Sibley defeat Dakota warriors in the Battle of Wood Lake in Yellow Medicine County. Although this battle traditionally marks the end of the US‒Dakota War, Sibley and General Alfred Sully undertook punitive expeditions against the Dakota the following year.

Zebulon Pike meets with a group of Mdewakanton Dakota led by Ta Oyate Duta (His Red Nation, also called Little Crow, grandfather of the warrior of 1862) and Wanyanka Nazin (He Sees Standing Up). Pike leaves the meeting with what he sees as their permission to take 100,000 acres of their land. The agreement, however, is an informal one—not an official treaty—and is never proclaimed by a US president.

President John F. Kennedy speaks at the University of Minnesota at Duluth on the subject of high unemployment in the northern Great Lakes area, where joblessness was about twice the national average.

Arne Carlson is born in New York City. He served as the state's thirty-seventh governor. Among his achievements was an innovative solution to the school voucher issue: a $1,000-per-child tax credit for families earning less than $35,000 per year.