Developed in response to issues raised about the circulation of bound periodicals, the cost of photocopies, and the condition of the photocopiers, this report of the Joint Committee to Study Library Periodical Services at the Virginia Commonwealth University libraries recommends goals for periodicals services for both campuses of the university. Following a discussion of the background of the report and the goals for periodicals services, recommendations are presented for the following areas: (1) photocopiers, including photocopy services, Vendacard, cost per copy, and quality and number of photocopiers; (2) circulation of bound periodicals, including linking, loan policies, and tattle-tape; and (3) open access to current periodicals, including location, construction, security of materials, and circulation control. Six additional general observations are also presented, and summaries of recommendations and proposed expenses are provided. Appendices include the charge to the committee and issues concerning access to periodicals; a 10-item bibliography; a periodicals survey of the academic and medical libraries of eight universities; cost comparisons of photocopier costs; and costs related to bound and unbound periodicals, including costs on linking, tattle-taping, etc., and renovation costs for open stacks. (KM)