The simple answer is the type you pictured with 3 terminals is a SWITCH and not a gauge sender. I'm not familiar with the options/ wiring of these girls, cannot offer an explanation. Maybe originally there was a tee and used both?
Without a factory wiring diagram, no idea
EDIT
Found this, no answer........they show a single sender wire
Offroad Exchange - 79 Dodge Factory Service Manual
Page 2, far left, shows wire O-18WH (WHite)
http://www.offroadexchange.com/pdf/79dodge_wiring_diagram.pdf