not starting..Fried Ign.?? Battery dash light ON

I have 93 with a carbed 351W with duraspark ign., had it running about a year ago, but changed transmissions and slowly but surley got it started last night. When it started it had that high pitched noise for a few seconds and would stop. then when I gased it a little it would make the same noise..fan belt??.....but after I had it running for about 5 minutes I saw a spark and smoke near the starter relay. I turned it off and tried starting it up again about 5 min later. It would turn over but not start, and I noticed the battery light was on. And I also had a battery charger on while the car was running...????......bad belt and alternator??? ...Any Ideas?
 
The alternator has a fuse link in the area of the stater solenoid. Check for 12 volts at the alternator power feed connection with the engine off. The black/orange wires are the power feed for the stock alternator. No 12 volts on the alternator end of the black/orage wires, the fuse link has blown. A test light is even better than a voltmeter for this test. One lead to ground and the other lead to the alternator end of the black/orange wires.

Diagram courtesy of Tmoss & Stang&2birds
fuel-alt-links-ign-ac.gif


See the following website for some help from Tmoss (diagram designer) & Stang&2Birds (website host) for help on 88-95 wiring http://www.veryuseful.com/mustang/tech/engine/ Everyone should bookmark this site.

Ignition switch wiring
http://www.veryuseful.com/mustang/tech/engine/images/IgnitionSwitchWiring.gif

Fuel, alternator, A/C and ignition wiring
http://www.veryuseful.com/mustang/tech/engine/images/fuel-alt-links-ign-ac.gif

Complete computer, actuator & sensor wiring diagram for 88-91 Mass Air Mustangs
http://www.veryuseful.com/mustang/tech/engine/images/88-91_5.0_EEC_Wiring_Diagram.gif

Vacuum diagram 89-93 Mustangs
http://www.veryuseful.com/mustang/tech/engine/images/mustangFoxFordVacuumDiagram.jpg

HVAC vacuum diagram
http://www.veryuseful.com/mustang/tech/engine/images/Mustang_AC_heat_vacuum_controls.gif

TFI module differences & pinout
http://www.veryuseful.com/mustang/tech/engine/images/TFI_5.0_comparison.gif