Dave and John Kunst and their mule, Willie-Make-It, set out from their Waseca home to walk around the earth. In Afghanistan, bandits attack the brothers, killing John and wounding Dave. Dave's brother Pete then joins him until they reach the Indian Ocean. Dave returns to Waseca on October 5, 1974, the first person to walk around the earth, 14,450 miles in all.
Mark Pavelich becomes the first US-born National Hockey League player to score five goals in a game. The Eveleth native and member of the gold medal-winning "Miracle on Ice" 1980 US Olympic hockey team leads the New York Rangers to an 11 to 3 victory over the Hartford Whalers in New York City.
Paper milling in International Falls begins as eighteen tons of newsprint are manufactured. Paper production remains a major business of the city today.
Windstorms in northern Twin Cities suburbs, including those known collectively as the Fridley tornado, kill fourteen people and cause $57 million in damages.
The Hudson's Bay Company is chartered in London. The company's territory is the Hudson Bay watershed, but no posts would be established in present-day Minnesota until a century later, and the North West, XY, and American Fur Companies would play a larger role in the region's fur trade.