This carved New Zealand Maori walking ( and talking) stick is called a Tokotoko (pronounced To as in "tore" and ko as the "co" in "cork").  

Some Maori walking sticks have a handle and some don't - this is one without a handle.  Often a plaited rope is attached to the top of the stick, so it can be worn around the wrist.  

In Maori tradition, the Tokotoko (a ceremonial carved walking stick) is a symbol of the authority and the status of a speaker on the Maori marae (meeting ground), and it tells of the history from which that authority comes. The carving may represent an ancestor or a legend.  I have fond memories of seeing great Maori orators swinging their tokotoko about to make a point in their speech.  

This carved Tokotoko is embellished with a Tekoteko tiki face at the top.  The tekoteko is a human-like figure most commonly placed on the gable of a house or gateway, and is there to ward away evil spirits.  The walking stick is made out of a native timber called Tawa, and is stained a traditional brown color.  It is 36 1/4" long, handcarved, with a rubber foot.

Enjoy this fine piece of Maori carving, as a decorative item or gentle support.  It should not replace an orthopaedic walking stick.