Did you adjust rear drum till you cant spin the tire one revolution by hand.

Definitely no hole in booster.   Rear brake are adjusted properly.  

Yes ,  the rear brakes are adjusted properly.   Thanks for all the suggestions everyone.  

Now I don't know what to think. Do you still have the old master cyl?

I might want to verify if the depth of the m/c plunger on the new one is the same as the old one

Good thinking.  I will look for it tonight

Fixed!!   I pushed 2 quarts of brake fluid though the right and a lot of bubbles came from drivers rear.    Thanks to everyone for the help and support.   I appreciate you guys.