The 2 pulleys shown are different. The OP's (red) is the standard hitchclimber pulley which doesn't have a bearing. It has a bushing instead. All the standard bushed hitchclimber pulleys have that mark, it's nothing to do with ballance, I'd imagine it has something to do with the manufacturing process.
The second pulley shown is the hitchclimber rapide, which has a bearing. Bearing pulleys are more efficient than bushed pulleys, and not many pulleys do have bearings.... It can take the efficiency right up from 65~70% to closer to 95%. Pulley efficiency is a minor issue in applications like the hitchclimber, but becomes important when stacking multiple pulleys for mechanical advantage. Pretty soon, the mecahnical advantage won is lost from the inefficiency of the pulleys. Sheave diameter is also important for efficiency, and it starts getting pretty good at 5x rope diameter, and is excellent at 10x rope diameter. The 38mm diameter of the sheave on the hitchclimber also negates some of the efficiency gained from the bearing. As a hitch tender, the pulley on the hitch climber really does very little.
Shaun