Green’s Dictionary of Slang

ketchup n.

1. (Aus., also catchup) beer [the colour of ‘brown sauce’].

[Aus]‘6x8’ [Dick Holt] in Bulletin (Sydney) 7 Aug. red page/4: Beer - ‘Catchup.’ New to me. Used by N.S.W. bush-town beer-cadgers. Query: from ‘Catch up to him; he’s going to shout!’.
[Aus]Stephens & O’Brien Materials for a Dict. of Aus. Sl. [unpub. ms.] 40: KETCHUP: bush slang beer.
[Aus]Baker Popular Dict. Aus. Sl.

2. in fig. use, the real thing.

[US]Ade ‘The New Fable of the Father Who Jumped In’ in Ade’s Fables 88: He had a Vaudeville Education and a small Tenor Voice, with the result that many a fluttering Birdie regarded him as the bona-fide Ketchup.

3. (US) blood [the colour of tomato ketchup].

[US]R.L. Bellem ‘Malibu Mess’ Dan Turner – Hollywood Detective Dec. 🌐 There was a red stain on my rug where Romani’s ketchup had spilled.
[US]Goldin et al. DAUL 114/2: Ketchup-dogs. Bloodhounds [...] Ketchup-hounds.
[US](con. 1969) C.R. Anderson Grunts 64: The redder they get, the redder the ketchup flows and then they don’t say ouch any more ... red on green. ... mothers cry ... fathers ask why.
67 ‘Hashtag’ 🎵 Man left the crime scene hashtag ketchup.