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The cotton market since the last from Flu rope, has been much depressed Early in the week holders found themselves obliged to submit to re- duction of cent per lb. This ddnot however, bring forward buyers so readily as was expected. Sales have been moderate only, mostly to spinners. The aggregate transactions for the week, including to-day, are $500 bales, at lOa for Upland; s2 llt for Mobile; 84 lla for N. Orleans. The stock IS, 3S,OOO bales. The prospective state of the cotton market is sufficiently gloomy, and must continue so until the great revolution which is ingly going on and transferring the manufactures of England to the free labor states of Europe is pleted, and consumption shall have again overtaken production that for the past few years has exceed