If you want to try to find them locally, what you are looking for is a double shielded R4 bearing, which is a direct replacement for the Happ trackball bearings. R4 is the standard designation for a 1/4" ABEC-rated bearing.
It's pretty unlikely that you will be able to find these at your local home improvement center, but you could try a
good hardware store or possibly a tooling supplier. These types of bearings are commonly used in machinery, electric motors, woodworking equipment, etc...
##EDIT##
I suppose I could also give you the correct dimensions for a R4 bearing.

I.D. - 1/4"
O.D. - 5/8"
Width - 13/64"