Abstract: The reel winds in hose or electric cable lines without troublesome rotating connections for the fluid or electric circuits involved. As line is unwound from the reel, another section of the line is first unwound from a small hub extension adjacent the reel and then rewound in an opposite direction so that this internal section of the line which is contained within the reel housing requires storage space for less than one-third as much line as the external length which is reeled out and in. An actuating spring is externally mounted for easy replacement or repair. The spring and internal section of the line are readily reversible to provide a reversible reel for either left hand or right hand mounting on the equipment where it is used, such as a lift truck.