Here's what I found. Apparently the first 2500 trucks in '54 used 1" wheel cylinders and then switched to the 7/8" cylinders that you have. This is from the March 57 Parts and Accessories Catalog.

Based on that, I think you'd be fine with 7/8" diameter wheel cylinders. Or with 1" cylinders if that's all you can find. There's a note saying that at the bottom that listing.
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Kevin
1951 Chevy 3100 work truck
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1929 Ford pickup restored from the ground up. | 1929 Ford Special Coupe (First car)
Busting rust since the mid-60's
If you're smart enough to take it apart, you darn well better be smart enough to put it back together.