I plucked that branch/stick from off the ground, under a tree that looks sick. . . and like so many others the bark had fallen away - while still attached to the tree. It's my understanding and belief it's another of those American Elm stricken with Dutch Elm disease killing so many of the nice trees in the Mid-West.
Regardless, it's SOLID. While working on it again yesterday I gave it my own personal test - jabbing the narrow end into the garage floor - it never wavered nor vibrated - it's going to make some one, some day a reliable cane.
Perhaps by the end of this week. If so, pictures to follow.