Elevator with balancing weights

The utility model relates to an elevator with balancing weights. The elevator comprises a section steel machine frame, a motor, a hoist drum, a cargo loading table, movable pulley blocks, an elevating static pulley block, pull ropes, the balancing weights, a balancing static pulley block and a pullback rope. One end of the pullback rope is connected with the balancing weight, the other end of the pullback rope is connected with the cargo loading table through the balancing static pulley block, the balancing weight is arranged in a cavity wall of the section steel machine frame, and the cargo loading table is arranged on the inner side of the section steel machine frame. The elevating static pulley block and the balancing static pulley block are arranged at the top of the machine frame, the pull ropes are wound around the hoist drum, one end of every pull rope is fixed with the hoist drum, and the other end of every pull rope is respectively connected with the movable pulley blocks through the elevating static