Green’s Dictionary of Slang

cherry-pipe n.

[rhy. sl. = cherry-ripe n.2 ]

a woman.

[US]Matsell Vocabulum 18: cherry-pipe [...] a full-grown woman.
[UK]Barrère & Leland Dict. of Sl., Jargon and Cant.
[US]H. Rawson Dict. of Invective (1991) 78: As a term for a young woman, cherry dates to at the least the mid-nineteenth century (variations included cherry pie and cherry pipe).