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In this report of research currently underway on libraries in the city of Pune, Maharashtra (India), the focus is on commercial, street-corner libraries. Using an ethnographic approach, this research explores the way these libraries function, and the values placed on reading by Pune's middle class library users. Commercial libraries seem to have occupied a niche not filled by the public libraries in Pune, that of providing current popular fiction and glossy magazines in convenient locations. The libraries have a variety of origins and motivations, but are typically run with only the most rudimentary of cataloging and shelving systems, and no reference functions at all. Patrons describe their reading activity as leisure, and name television viewing as the main alternative or competing activity. [ABSTRACT FROM AUTHOR]