Initially, some words make a clock-sound in a weapon-holding cane (10)
I believe the answer is:
swordstick
'cane' is the definition.
(I know that swordstick is a type of cane)
'initially some words make a clock-sound in' is the wordplay.
'initially' suggests taking the first letters.
'make' indicates an anagram.
'a clock sound' becomes 'tick' (I've seen this in another clue).
'in' is an insertion indicator.
The first letter of 'some' is 's'.
'words' with letters rearranged gives 'sword'.
'sword'+'tick'='swordtick'
's' placed into 'swordtick' is 'SWORDSTICK'.
'a weapon-holding' is the link.
I am not very happy about this link. Some or all of it may be part of another bit of the clue.
Can you help me to learn more?
(Another definition for swordstick that I've seen is " Hidden weapon".)