Abstract: This disclosure encompasses a cable lock which is particularly suited for securing a bicycle. The lock employs a continuous cable which is wound around a cylinder which is contained in a housing. One end of the cable enters the side wall of the cylinder and exits through an open end. The other end passes out through a hole in the housing. A spring, wound around another portion of the cylinder, maintains a spring load on the cable. Thus, retraction of the cable is possible upon extension and release thereof. The ends of the cable are fashioned into loops which are of a size to maintain it outside of the housing. In the locked condition, the loops are secured by a padlock. A mounting bracket as well as a flange with an opening for storing a padlock is also provided.