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Latest from Europe.

The steamer Africa, with Liverpool dates to the 4th inst., has arrived at New York:

The news by the Scotia of the defeat of Rosecrans created considerable sensation and caused a rise of 5 per cent, in the rebel loan; but the advance was not fully sustained, and closed about 25 discount.

The London News says Gen. Bragg's victory over Gen. Rosecrans is a striking demonstration of the wisdom of the new military policy of the Confederates in combining their forces to arrest the advance of the Federals. The honors of the battle belong to Gen. Bragg, but he must do more than he has hitherto done if the Confederate cause is to gain solid advantage from his sword.

The London Times thinks that Rosecrans was defeated by superior strategy rather than more fighting, and says it is evident that the Federal troops contested the field obstinately, rallied when broken, and formed again and renewed the engagement repeatedly. They seem to have done all that bravery and determination could effect, but the greater skill of the Confederate Generals in combining the force which made the attack insured them the victory.

The London Herald looks on it as the most decisive battle fought in the Western States.

The London Morning Post points to the continuance of the peculiarity of this great war — that neither belligerent should be permitted, for any protracted period, to follow the path of victory.

The London Army and Navy Gazette attempts to show the dangerous position of Rosecrans, but suggests that the Union prospects may be brighter than the telegraph makes out. As to Charleston, it remarks that the means of attack being superior to the defence, the place may tall.

A letter from Brest, dated September 20, says the Florida has finished repairing in the Government dock and gone into the mercantile harbor, where she was refitting; she would go into the roadstead in about a week, but would not be ready for sea for three weeks or a month. The Federal steamer Kearsage continued at Brest, awaiting coals. It is pointed out that twenty-four hours must elapse after the sailing of one vessel before the other be allowed to depart.

Maximilian replied to the Mexican deputation on the 3d inst. He is "ready to accept the throne on a free, spontaneous expression of the population, and by a guarantee

for integrity in the independence of the country."

The Paris Steels predicts that if Alexander H. Stephens expects his mission to France to lead to recognition he will be disappointed, as "the time for that had passed, if it ever existed."

Consols closed in London, on the 3d inst., at 93 for money. The Paris Bourse was heavy. The Liverpool cotton market was buoyant on the 3d inst. Breadstuffs were quiet and steady. Provisions were quiet at former prices.

The rebel cotton loan advanced five per cent. on the receipt of the news of Rosecrans check, but subsequently declined.

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