A Hongkong despatch of the 18th inst. says that a terrific storm broke upon that harbor that afternoon, lasting two hours, destroying much shipping, and causing considerable loss of life. "The harbor is literally strewn with wreckage, and the streets of the city are blocked with debris." Over thirty vessels of various nationalities were destroyed or seriously damaged, besides a fleet of nineteen deep sea junks that were washed ashore on Stone Cutters' Island. Also numerous steam launches and lighters were foundered, and most of the wooden piers on the water-front were demolished. The military quarter was also seriously damaged, temporary quarters being demolished. The island of Hongkong is a British colony in the China Sea, separated from the China mainland by a narrow strait. The city of Hongkong has a population of about 275,000, and is a very important seaport. A later despatch states that about five thousand Chinese, many of whom lived in boats, lost their lives at Hongkong and in that vicinity. A second storm on the 20th inst. also did considerable damage.