Although not ever-so-accurate, I count tailstock handwheel turns. With a 1/8″ lead barrel screw, a 1/4 turn gives 1/32″ advance.
Adjusting the method according to depth being to drill point or full diameter, I start the hole, stop the lathe, bring the handle to bottom or top dead-centre (judged by eye) then move the whole tailstock to bring the drill end to the required datum point. Then count turns each time I wind the drill back in after withdrawing it to brush the chips off and the cutting-oil on.
The obvious corollary is to make a simple handwheel dial if (like mine) your lathe does not already have one.
Jason –
Neat tip. On my Myford the face of the rear tool-post might give that stop. Alternatively to using the top-slide or (if fitted) leadscrew dial, use a suitable spacer such as a bit of stock material, a rule or a caliper to measure the advance.
Old Mart –
Ah, but measuring the depth of the drilled hole is rather after the fact!
Bob is asking how to achieve the correct depth while drilling.
Duncan –
It may be OTT for just a couple of holes but drilling and counter-boring to set depth is a common operation so your encoder, or a linear scale such as Dalboy’s, is worthwhile anyway.
Bazyle –
I’ve often used adhesive tape as an improvised gauge. Not ever so accurate but adequate for many tasks provided you don’t expect it to last for many holes. The emerging swarf erodes the tape.