It's our screws. At our declination angle, running in reverse, they're pulling the Shark and cyclops right to the bottom.

9 seconds sound clip from the The Atomic Submarine movie soundboard.

You can hear this line at 00:44:00 in the DVD version of the movie.

Quote context

[...]

- We did it, boys. Dove right through the saucer's side.

- Reactor room, give me all reverse, full.

- We're stuck tight.

- Take a look at this depth gauge.

- 180 fathoms? We can't be sinking that fast.

- It's our screws. At our declination angle, running in reverse, they're pulling the Shark and cyclops right to the bottom.

- And we're at safe maximum depth already. Full stop.

- Full stop.

(submarine engine stopping)

- Hours later, the two titanic craft were still locked together in an apparent death grip on the bottom of the Arctic Ocean, nearly 1200 feet below the surface.

[...]