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2nd Gen Ram Tech1994-2001 Rams: This section is for TECHNICAL discussions only, that involve the 1994 through 2001 Rams. For any non-tech discussions, please direct your attention to the "General discussion/NON-tech" sub sections.
I may be wrong, but isn't that your gear shift selector rod (or whatever it's called). Are you able to shift into gear correctly? Does the gear show up on your dash correctly?
That's it. That is the rod that goes from your steering column to your tranny. It has linkage it fits into. Pull out your Haynes or Chiltons manual and it should tell you how to hook it up. Look for an open linkage that a rod will slip into on the side of your tranny.
look at the picture again, there is a metal tab with a hole in it to the right of the bar thats hanging down. if you rotate the bar up you will see that it lines up with that tab. i believe its supposed to have a quick clip on it to keep it from popping out.
if the parts store doesn't have one or doesn't know wtf you're talking about, then i might go to a junk yard/used parts store and see if you can't pull it off a truck.