I found these lyrics here and verified them with the recording.


Sound Off (Duckworth Chant)
traditional - version by Vaughn Monroe, 1951

Hib-hub, hib-hub, hib-hub, hib-hub

The heads are up
The chests are out
The arms are swinging
In cadence count
Sound off (sound off)
Sound off (sound off)
Cadence count
1-2-3-4 (1-2, 3-4)

Eenie, Meenie, Minie, Moe
Let's go back and count some more
Sound off (sound off)
Sound off (sound off)
Cadence count
1-2-3-4 (1-2, 3-4)

I had a good home, but I left (you're right)
I had a good home, but I left (you're right)
Jody was there, when I left (you're right)
Jody was there, when I left (you're right)
Sound off (1-2)
Sound off (3-4)
Cadence count
1-2-3-4 (1-2, 3-4)

I left gal away out west
I thought this army life was best
Now she's someone else's wife
And I'll be marchin' the rest of my life
Sound off (1-2)
Sound off (3-4)
1-2, 3-4
2, (2-3-4)
1-2-3-4, (1-2, 3-4)

The captain rides in a jeep
The seargent rides in a truck
The general rides in a limousine
But we're just out of luck
Sound off
Sound off
Cadence count
1-2-3-4 (1-2, 3-4)

Hib-hub, hib-hub, hib-hub, hib-hub
The heads are up
The chests are out
The arms are swinging
In cadence count
Sound off (sound off)
Sound off (sound off)
Cadence count
1-2-3-4 (1-2, 3-4)

Eenie, Meenie, Minie, Moe
And let's go back and count some more
Sound off
Sound off
Cadence count
1-2-3-4 (1-2, 3-4)

(1-2, 3-4)
(1-2, 3-4)
(1-2, 3-4)
Company halt
(1-2, 3-4)

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I don't know if it's accurate or not, but this (click) is an interesting version and explanation.
Also take a look at The Cadence Page.
-Joe Offer-