I'm no Ruth expert, but this item is likely suspect. and you have to ask yourself why would Babe Ruth be meeting an insurance salesman at Yankee Stadium in March. Is that where he conducted personal business meetings? Wouldn't he have been in Florida in spring training?
Unfortunately this appears to be the work of a forger whose forgeries are commonly sold through regional antique and collectibles auctions, often with ACE certification. What's the story, if you don't mind telling us?