I have a similar 1956 Dexter-----
Bob, the "Fine Fabrics" settings on mine are for a Warm Wash and the last Four minutes of the Wash Cycle. Since the Water-Level is determined by the setting at the beginning of the cycle, for anything less than a full-tub you must manually mover the timer forward when the desired water level is reached----to the amount of time it needs to agitate.
The machine is kind of boring as far as agitation is concerned. It is much less aggressive than a Speed Queen or "Goose-Neck" Hotpoint. The Fill Nozzle is at the 5 o'Clock position when looking down into the tub and is bifurcated to shoot two jets of water along the inside of the tub. It makes for a VERY effective Spray-Rinse at the beginning of each spin cycle----that lasts about a minute. Overall, the cycle is (strangely) WHISPER-Quiet with the exception of snapping solenoids and of course, the water spray.
The tub is narrow and deep, however because of the placement of the large drain-holes at the top of the tub, quite a bit of water gets sloshed-over at the beginning of agitation and levels-out about an inch below the holes throughout the Wash period somewhat lessening the usable capacity. I think an 8lb. load is about the best size for this machine.
A nice feature is the ability to begin each spin at a slow and steady speed so the clothes do not create an out-of-balance situation. The Throw-Out being VERY slow. But, it picks up speed pretty quickly and is at full spin-speed about 90 sec. after starting. I think this was a "selling-point" at the time, when a lot of (solid-tub) machines would get out-of-balance easily.
It isn't the most exciting machine to use, however, it cleans the clothes well and is a VERY rare machine.
Bruce mentions those Blades-O-Water Philcos. The first year or so had a solid-tub and IMO those were the best of them. They really created a lot of roll-over. The perf-tub machines were more versatile and less dramatic.
There were quite a few of these machines at Coin-Laundries around Atlanta back in the day. Especially in the basements of Apartment Buildings. Solon must have given them a bargin price.Anyway, instead of the normal "barrel" Filter agitator, they just had what appeared to be a length of a Broom-stick sticking up from the center of the flapper to keep the clothes separated! It looked pretty ridiculous when agitating with the little stick wobbling around in the air! It served the purpose, however, I don't think it encouraged any extra sales!