We have studied the quasinormal modes and the late-time tail behaviors of scalar, electromagnetic and gravitational perturbations in the Schwarzschild black hole pierced by a cosmic string. Although the metric is locally identical to that of the Schwarzschild black hole so that the presence of the string will not imprint in the motion of test particles, we found that quasinormal modes and the late-time tails can reflect physical signatures of the cosmic string. Compared with the scalar and electromagnetic fields, the gravitational perturbation decays slower, which could be more interesting to disclose the string effect in this background.