Sandbarfarm31. My understanding is that the '55 and '56 Mercs with automatic AND standard 3 speed or 3 speed w/ overdrive transmissions use the same driveshaft yoke. My experience is that having both of these '50s transmission types using the same driveshaft yoke is an unusual thing. The transmission yoke needed has 16 spline, was a Spicer application, and I'm told has been out of production for a l-o-n-g time.
Consider trying to obtain the original driveshaft for your transmission from the fellow you got the engine and transmission from. No, it is the wrong length and tube diameter for the '56 'Bird, but you need the transmission yoke.
The '56 'Bird has a Dana 44 rear end in it that is different from what was used in the '55 Merc as I recall.. I'd look for a '56 'Bird auto transmission driveshaft. I think the length will be correct for your '55 Merc automatic. Perhaps the Merc 16 spline yoke can be used with the 'Bird drivshaft. Overall length of the driveshaft assembly is information that I don't have.
John (Hoosier Hurricane) may know for sure.
The '56 'Bird 312 engine with the 3 speed w/overdrive transmission would be another source for the correct driveshaft yoke with the 16 spline Spicer yoke. The transmission in the '56 3 speed w/ overdrive transmission was a Borg Warner T-85 w/ an R-11 overdrive unit.
Hope this helps.
NoShortcuts
a.k.a. Charlie Brown
near Syracuse, New York