As the water deepened under her keel the boyish voice rang out from the chains: "By the mark five--and a quarter less six--by the deep six--and a half seven--by the deep eight--and a quarter eight." ["Learning the Road to Sea," in "Outing" magazine, Feb. 1918]
In general use by 1940s. As a verb from 1953.[deep six etymology, deep six origin, 英语词源]