We have studied the magnetization of melt spun amorphous (Co1 - xFex)(
74)Mn8B12Si6 alloys with 0 less than or equal to x less than or equal
to 0.15. The magnetic moment of the amorphous alloys increases linearl
y at 4.2 K with addition of Fe. From the usual values of Co and Fe mom
ents, and based on the charge transfer model, the Mn moment is estimat
ed to be 3.5 mu(B). The approach to saturation is established in the f
orm of 1/H-1/2 for the various samples. Therefore, it is considered th
at the exchange interaction between the nearest neighbor T (T = Co, Fe
and Mn) atoms: is dominantly ferromagnetic. The exchange constant, lo
cal random anisotropy constant, and ferromagnetic correlation length h
ave been calculated.