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I’ve used JB Weld to repair rust pits like those before. The problem is that the pits have to be clean, about the only way would be to sandblast the springs.
Remove the shift rod for 3-4. See if the shifter still has the same feel, if it does then the problem is in the shifter. If not see if you can feel it by moving the transmission lever. I’d bet the problem is in the detent or maybe the shift fork/slider. Pull the side cover off and have a look.
Hey Mike, what carburetor is that? Looks nothing like any that I’ve seen on any 318 that I ever had. Mighty fine looking Polara, early Bs are my favorites.