4.11 is one of the factory ratios available for your stock rear.
Will it do is a much more difficult question. How are you going to use the truck? With the stock motor you aren't going to be able to haul much with anything much more highway friendly.
1955 1st GMC Suburban | 1954 GMC 250 trailer puller project | 1954 GMC 250 Hydra-Matic | 1954 Chevy 3100 . 1947 Chevy COE | and more... It's true. I really don't do anything but browse the Internet looking for trouble...