That might not be too far off. Mine might be too light (it is from memory).
Have you looked at the samples on the paint sheets in the 47-55 Truck Colors Tech Tip?
http://1954advance-design.com/Advan...%20Tech%20Tip%20--%20Paint%20Colors.htmlScroll down to Cream Medium and then click on the date links just above.
If you go down to the footnotes, you'll also see that color-name had different codes/formulas in earlier years.
Those samples/chips are quite old and distorted by aging. No one really knows the exact original shade.