I had a similar problem with my 95 T-Bird.
The factory plug wires have gone thru at least 6 engineering changes.
Buy a set of OEM wires. They will cost between $100 - $130 depending where
you purchase them but the aftermarket wires for this car cause more grief
then they are worth, especially when you have to route the wires under the
alternator.
The under hood electronics of the 95 model year are very prone to picking up
noise from aftermarket wires resulting in some really weird problems, like
the car working fine until 45 mph and then bucking and missing over 45 mph.
In 96 Ford made some subtle changes to the module layout bolted to the inner
fender wells and that seems to have improved things. For a temp solution
until you get the wires try wrapping the plug boot of the failing wire with
black electrical tape (not too thick, you want to get it down that deep hole
and onto the plug). Make sure you use dielectric grease on the boots when
you install the new wires.

My results were on a 95 T-Bird, not a Town Car, but this is the same year
and same engine.

Steve

To all of you helpful gentlemen my problem has been solved!!

   Last night I swapped injectors and then cleared the code, hoping a new
trouble code would
indicate a miss in # 2 where I put the injector from the troubled # 1
cylinder.
As an afterthought I swapped plug wire #1 and # 7 even though I had already
checked for a bad plug wire to #1 by substituted a plug wire off my son's
Escort a couple weeks ago when the problem first began.  Back when I did
that, the car still missed with different plug wire, new plugs and new coil
pack installed on the right bank.  I'd pretty much ruled out an obvious
ignition problem.

Well...To my delight this evening when I checked the new trouble code,
cylinder # 7 was missing.  HAD to be that wire!!  I installed a new set of
wires and presto! NO MISS!!  Evidently my son's Escort needs wires
too...just my luck to use a bad wire off his car to test whether I had a
bad wire in mine!!  Lesson learned: Take nothing for granted!  THANK YOU ALL
for
the supportive posts!

   Gratefully Brad

Hi,

   My '95 Town Car with 4.6 SOHC V-8 is missing on the # 1 cylinder.  The
computer says so,  and the spark plug indicates incomplete combustion as it
is pretty black compared to all the others.  Sometimes it the engine
backfires into the intake plenum especially under acceleration.  I have
eliminated the coil pack (swapped sides), spark plug (replaced all) , and
spark plug wire (replaced) as the problem.  Should I be looking at fuel
delivery i.e. plugged injector, or even valve train problems or is there
something I have overlooked in the ignition sector?  My gut tells me it's
ignition related, especially because of the intermitent "cough" up the
intake manifold...reminds me of crossfire.  Is there an
electrical/electronic component that would only effect the # 1 cylinder that
I haven't already checked out, or should I move on to fuel or valve train?

   Thank you in advance anjyone who can help me.

                           Brad