I came across this article in Wikipedia: hope it's of interest.
During the early years of telephone service, communities that required more than 10,000 telephone numbers, whether dial service was available or not, utilized exchange names to distinguish identical numerics for different customers.
When dial service was introduced (typically during the period of 1910 to
1970), in such multiple exchange communities, customers would normally dial the first two or three letters of the exchange name, followed by the numeric digits.