The stuff you have may have some of the rather smelly extreme pressure additives in it. That would explain the brownish colour and smell. If you can stand the smell then it's fine to use for everything. If you find it unbearable to have the container opened on the bench beside you or having it on your bikes due to the smell then shrug your shoulders and go buy some other stuff.

For my own use here where it's very wet I go with the synthetic green coloured boat trailer wheel bearing grease for it's water resistant qualities. It stays in place very well and doesn't seem to let the water stay in the grease and end up rusting the metal.

As far as lubrication properties our use isn't an extreme one. So technically ANY of the regular lubricating greases are fine. It's just that some stink or are very messy to use like the one you found or like the thick black moly disulphide filled greases.