I had a similar problem twice, 6 months apart. Fuel pump would not prime. 1st time, 7:00 in the morning, took the 67 to work. Car started on first try when i got home. Just in case, i bought a new relay and kept it in the armrest.
6 months later, it happened again. Installed the new relay, still no prime/start. I was able to turn the pump on by using a paper clip to jump KAPWR (Wire 1, black/orange) and FPM (Wire 19, pink/black). Once home from work, I was ready to finally troubleshoot this problem. Everything worked fine, with both relays.
I'm very interested in what happens with your car as I still haven't solved mine. The problem hasn't repeated since April.
It appears my problem was not the pump, pump wiring, or inertia switch since the pump cut on with power to wire 19. That leaves the only possible cause as no 12V on VPWR or wire 22 not grounding out. I'm leaning toward the ECU ground (wire 22) since the engine ran fine after jumping the relay (VPWR provides 12V for the injectors and MAF). I have a Multimeter and wiring diagram in the car for next time...lol.
Didn't see it posted, but this diagram should help you out.
http://www.veryuseful.com/mustang/tech/engine/images/91-93_5.0_EEC_Wiring_Diagram.gif
Hope your problem gets solved.