Perhaps you want something like this. Could use the existing threaded rod.
This one's for a Bridgeport but the principle is fairly obvious – spring loaded half nut. The BP has a sensitive feed trip arrangement requiring little force to trip so you'd need to either fit a beefier spring or lock it with a threaded element such as a wing nut for a machine like yours that requires a solid stop.
Clive's suggestion is similar – but without any teeth to grip, the (split?) clamp needs to be pretty strong. Depends how much force you think it needs to withstand.
PS – seems I was telling porcupines. In fact this Grizzly accessory seems to be for a Sieg(?) 6"x21" mill, so perhaps more beefy than I gave it credit for.
Edited By Muzzer on 16/03/2016 19:16:34