Pencils obviously aren’t the only use for cedar wood. Here’s an interesting other use: protect clothing from moth damage. Aromatic oils from the red cedar are said to kill moth larvae.
Red cedar is actually not exactly the same wood as the one used for making pencils. The red cedar is actually a juniper, but it is, like the pencil cedar, part of the cypress family.
I bought this pack of two hooks for £3.49 (~ $5.25; €4.95) in my local HomeSense.
Price and exchange rates: March 2015