It typically sells for $600 - $800 with the cane. Below is a very nice example that Hunts sold (along with a pair of tickets to the '34 WS) for $1,000. Of that total, the pennant probably accounted for 75% and the Tix for 25%
http://huntauctions.com/LIVE/imagevi...=292&lot_qual=
I think the highest I've ever seen one sell for is $1,100 and the lowest around $300 (ebay). In NRMT condition like yours appears to be, it's typically a $700 - $750 item. Mike Egner's Pennant Price Guide has it listed at $550 - $700.
There are other variations including a white cloth-like material and another version without the cane. Both of those sell for $350 - $500. Yours is a very nice piece that commands a premium due to the cane.
Hope this helps,
Mark