(Fe0.90Cr0.03Ni0.07)2P and (Fe0.90Cr0.05Ni0.05)2P are found to crystal
lize in Fe2P-like hexagonal symmetry (hereafter referred to as FCN37 a
nd FCN55, respectively). dc magnetization measurements have been made
in external fields upto 8 kOe and in the temperature range 80-800 K. a
c susceptibility measurements have been performed in the temperature r
ange 80-300 K. dc measurements show that the two alloys are ferromagne
tic with T(c) approximately 250 K for FCN37 and approximately 180 K fo
r FCN55. Magnetic moments of the polycrystalline samples at 7 kOe and
approximately 90 K are 67 and 47 emu/g for FCN37 and FCN55, respective
ly. Both of them also exhibit small but finite remanence and coercivit
y. The temperature dependent magnetization measurements made on FCN37
and FCN55 in zero field cooling and field cooling modes branch off at
approximately 230 and approximately 125 K, respectively. Remanent magn
etization, measured in the remanent field of the magnet (approximately
20 Oe), preceded by isothermal cooling of the samples down to 85 K an
d applications of different fields for fixed interval, relaxes over a
period of time following log t. Peak in the ac susceptibility-temperat
ure curve, measured at three frequencies in the interval 27-983 Hz, sh
ifts with frequency obeying Vogel-Fulcher law. Results suggest existen
ce of magnetic clusters in the two ferromagnetically ordered alloys, o
r spin glass state at low temperatures, or both.