727 transmission - I'll try to describe my problem

Hmmmmm... I don't know.
I'll have to check!

That little outer groove on the shaft is where the linkage return spring usually hooks. The solid rod versions are not very friendly to A-body applications and usually bind up on the firewall floorboard area. If you can find a dual bell crank version, they use a pivot shaft that screws into the bell housing and one on the back of the throttle linkage bracket so the only movement of linkage along the firewall is vertical.