Thanks to you all for your help and advise, I shall have a go at machining one myself for the prop end in bronze but the coupling end has to be a roller bearing because of the end fitting on the shaft.
Bob you may have a point as I tried to find a supplier this afternoon for this roller bearing, having quoted the number, it appears to be a now very rare size but did find one in germany for £14-50 plus postage & tax, so your suggestion to alter to metric and go to 5mm may be the best option.
I also like the idea of having a go at making the new shaft myself and will give it a try.
When I have put these ideas into practise I will post and give results
Malcolm.