Hey mac,
place it on your band saw table and lay it flat,and cut it long ways.Make sure your cutting it a little wider than the 1.125.You really need a good saw/fence to keep it from crawling off. A fresh band saw blade, maybe a diamond toothed one. These are a little expensive, but to me, well worth the money. You can buy one with about .030 total kurf, and it saves on material.
Then center drill each end and turn cut to 14 mm. If your careful, it will turn round and clean up at 1" long and .517 in dia. provided that's the size your wanting.
blud