Bon Jour, Frenchie

If you have an enclosed drive-shaft, you most likely have the original 1954 1/2 ton 3.90 ratio rear end.

You could convert to a 3.55 rear end. SWEET wrote an excellent Tech Tip for this.
You might want to buy the Ring & Pinion from Mother.Trucker (a member of this discussion board) and buy an installation kit from Classic Parts (or others).

You also will need to buy a used ring-gear carrier (used in earlier 1/2 ton 4.11 rear ends).

If you want to calculate your "effective final ratio" - other members will post explanations.
I often use the calculator at the bottom of this page.